Being offered is a concrete pre-cast building in the heart of Vernon, in the beautiful Okanagan Valley. This building is leased for a 5-year term with a tenant option to renew.
The rent is $ 5,200 / month plus GST, Property Taxes & Utilities.
The 6,555 (not professionally measured) square foot building sits on a 65’ x 170.6’ lot. The area is zoned C-5 which allows for a multitude of uses including retail, schools, custom indoor manufacturing and much more.
The current use is non-conforming in C-5 zoning. The Seller is in the process of applying to have the zoning changed to I1 where it is permitted or have it deemed legal non-conforming.
The property is located close to the Village Green Mall and is on a street with excellent traffic flow.
If you are looking for a commercial investment property this is well worth your time to investigate.