2933 30 Av - Flex FOR SALE


Vernon, BC V1T 2B8
$6,750,000 CAD
2933 30 Av, Vernon, BC for Sale
$6,750,000 CAD
Flex - FOR SALE
1/4
null | 5% Cap Rate

2933 30 Av
Vernon, BC V1T 2B8


HIGHLIGHTS

  • Prime downtown Vernon location with 28 on-site parking stalls
  • Located in a high-growth market with a projected 47% population increase by 2046
  • Zoning allows for future redevelopment up to 16 stories under Bylaw 6000

OVERVIEW

This is a rare opportunity to acquire a 21,818 SF mixed-use commercial property in the heart of Vernon, BC. Located at 2933 30th Avenue, this asset combines stable income with significant redevelopment potential. The property is fully leased to a strong tenant mix, including a well-established pub and brewery, an engineering firm, and a beverage manufacturer. Current zoning under Bylaw 6000 allows for future vertical expansion of up to 16 stories, making this an ideal candidate for long-term value creation. Situated in a prime downtown location with 28 dedicated parking stalls, this property offers excellent visibility and accessibility. Investors seeking a stable income stream with redevelopment upside will find this asset highly compelling.

FOR SALE DETAILS

PRICE

$6,750,000 CAD

PRICE/SF

$309 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2933 30thAve, Vernon, BC

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Restaurant, Food Processing, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,503

ZONING

C-3

APN/PARCEL ID

008-772-878

ASK ABOUT THIS PROPERTY

Mark McKinneyRoyal LePage Sussex West VancouverMore Info

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Mark McKinneyRoyal LePage Sussex West VancouverMore Info

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