2501 15 Street, Vernon, British Columbia V1T3V5

$959,900
4,380
SqFt
List Price
$959,900
Price Change
▼ $20,000 1558775246
MLS® #
10172145
Status
ACTIVE
Type
Commercial
Subtype
Business
Living Area
4,380
Lot Size
0
Subdivision
East Hill

Property Description

Unique opportunity- C1 zoned (Neighbourhood Commercial) Beautiful modern 2013 building with 4 strata titles properties. One for the 1400 sq ft commercial lease space ( two floors), and three, 1010 sq.ft. each, 2 bedroom residential units. Plus common area, designated parking, patio space, and a storage area. Great Income and appreciation potential! Trendy East Hill neighbourhood, walking distance to downtown Vernon. With Vernon Secondary School and Silver Star Elementary Schools nearby. Excellent business opportunity - immaculately clean property built in 2012/13. Beautiful newer building in East Hill - C-1 Zoning - 4PLEX building, has 4 individual Strata Titles; 3 residential strata, and one commercial strata. Large corner lot, with parking and storage area. Clean low maintenance landscaping, new outdoor patio area with concrete picnic tables. Current Gross yearly revenue $63,600. Cool Beans Cafe has a 5 year lease in place (with option to renew for 5 more). Great residential tenants in the 3 (2 bedroom)suites, always rented, very low vacancy rate. Approx yearly net $58k. Income & Expense sheet available on request. Please call Maria Besso ( 250) 308-1152 or e-mail me for more info. and income statements. Virtual tour of the coffee shop available https://my.matterport.com/show/?m=tNY9NPbZc1F (id:2579)

Additional Information

Ownership
Freehold
Subdivision
East Hill
Zoning
Residential/Commercial
Country
Canada
Sewer
Municipal sewage system
Frontage Length
87 ft ,5 in
Roof
Conventional
Community Features
High Traffic Area
Heating
Forced air
Lot Features
Landscaped, Fully landscaped
Lot Size
0

Listing courtesy of RE/MAX Vernon.

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