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Vernon office building sold for nearly $2 million

The property is located across from Vernon RCMP and City Hall
office
The office building is fully-leased.
Price: $1,950,000
Lot Size: .406 acres
Property Type: Office
Zoning: C5
2015 B.C. Assessment Value: $1,942,000
City: Vernon
Province: B.C.
Name of Brokerage: HM Commercial, Macdonald Realty Kelowna
 

A fully-leased office building in Vernon has sold for nearly $2 million.

The building is 10,479 square feet and has 27 on-site parking stalls. The office units have a current base rental income of $141,077 and the current tenants are on long-term leases.

The property is located at 3100 – 35th Ave., across from Vernon RCMP and City Hall.

 

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