3315 30 Avenue

Other For Sale in Vernon, British Columbia

$2,498,888
Prime investment opportunity in downtown Vernon. 3315 30th Avenue is situated in the bustling heart of downtown Vernon. This two-storey mixed-use building, encompassing a total of 14,438 SF, offers a mix of passive and active income streams, making it an ideal addition to any investment portfolio. Property Highlights: Vibrant Second-Floor Business: Home to the Vernon Hostel, a well-established 30-bed hostel with a manager's suite, offering steady income. Ground-Floor Tenant: Occupied by Kawakubo Restaurant, a long-term tenant known for its stability. Emerging Revenue Stream: A 1,200 SF space for a Cannabis Dispensary (Cannabis Retail License #450426) and an extra 3,070 SF of rentable basement space, providing further revenue opportunities. Freight Elevator: Facilitates easy transport of goods, improving operational efficiency. Financing: Up to 50% Vendor Take-Back (VTB) financing available. Situated in downtown Vernon, this property enjoys a prime location in a vibrant commercial district, surrounded by amenities and high foot traffic. The strategic positioning ensures excellent visibility and accessibility, making it attractive for current and potential tenants. Vernon is known for its thriving community and dynamic business environment, providing a supportive backdrop for commercial success. (id:4069)
Address 3315 30 Avenue
List Price $2,498,888
Property Type Other
Type of Dwelling Residential Commercial Mix
Area British Columbia
Sub-Area Vernon
Floor Area 14,438 Sq. Ft.
Lot Size 0.11 Sq. Ft.
MLS® Number 10310982
Listing Brokerage Business Finders Canada
Postal Code V1T2C9
Features Elevator

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Ishan Sood

Nationwide Realty Corp.

#209 8120 128 Street Surrey British Columbia V3W 1R1

Office: (778) 930-2204

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