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Universal Packing Inc. building sold for $2.5 million

The Vernon manufacturing property sits on a 1.33 acre lot
kosima
The property's long-term tenant recently expanded its warehouse.
Price: $2,550,000
Lot Size: 1.33 acres
Property Type: Industrial
Zoning: I-1
2015 B.C. Assessment Value: $2,358,000
City: Vernon
Province: B.C.
Name of Brokerage: HM Commercial, Macdonald Realty Kelowna
 
A manufacturing building has sold for $2.5 million, HM Commercial group reports. 
 
The team brokered the sale of the 35,989 square foot industrial property, which is currently on a secured lease until March 2019. The building is tenanted by Universal Packing Inc. In 2013, the company expanded the site’s warehouse by 6,000 square feet. 
 
The south Vernon property is located at 1810 Kosmina Rd. 
 
 
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