A fully leased Vernon office building with future development potential under C-4 zoning has sold just under list price for $1.09 million, reports Macdonald Commercial Real Estate Services Ltd.
Property type: Single-storey office commercial
Location: 35th Avenue, Vernon, B.C.
Zoning: C4 Street-oriented commercial
Property size: 4,632 square feet
Land size: 12,023 square feet
Development potential: 18,000 square feet of commercial (approx.)
List price: $1.2 million
Sale price: $1.09 million
Date of sale: October 15, 2019
Brokerage: Macdonald Commercial Real Estate Services Ltd., Vancouver
Brokers: Stuart Wright and Nick Goulet