This property represents an exceptional investment opportunity in a growing market. Downtown Vernon is experiencing robust economic development, making this a prime location for continued tenant success and appreciation in property value. The diverse tenant base not only ensures a steady cash flow but also mitigates potential risks associated with vacancies. 9 units that are 100% occupied, with varying terms of lease remaining. Dedicated 20 parking spots at the west end, and a back alley for deliveries. Shoppers Drug Mart, Dollarama , and Fresh Co all within a blocks radius. Potential for future growth to build up with new Zoning changes. (id:47421)
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Detailed Information
Listing Contract Date
2024-08-15
Municipal ID
012-409-715
# of Parking Spaces
20
Property Type
Retail
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1973
Exterior Finish
Concrete Block
Heating Type
Forced air, Other
Roof Material
Other
Roof Style
Unknown
Type
Retail
Utility Water
Municipal water
Parking Spaces
Name
Spaces
See Remarks
Land
Total Size
0.46 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.46
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