4505 23 Street, Vernon, British Columbia V1T4K7 | The Real Estate Book® | The Real Estate Book

4505 23 Street
Vernon, British Columbia V1T4K7

$1,999,900

Status For sale
Listing Business
Style N/A
Year Built 1973
MLS® 10240486
Original Listing Open Link
More Information Open Link
Business For Sale

Property Features
The epitome of a safe investment, this extensive commercial property boasts four separate shops, three individual detached structures, three fully fenced land compounds. With 1.334-acres of flat and usable land located close to a home hardware and abundant other businesses, the commercial lot also bounds a residential area offering the potential for residential development in the future. All the structures on site are solidly built and have been well-maintained, further with seven existing tenants with triple net leases in place, income opportunity is certain. Drive through access exists between all structures, with direct access to and parking for all shops and offices. With two main accesses, one on the main road and the other from the lane, the property is easy to locate and offers generous frontage and visibility. With an existing 7-8% cap rate already in place with more future growth potential on income, this commercial space is a safe investment that must be seen. Take a look today. Please see picture #2 in supplements. Land #1 - 9840 sq. ft. Shop#2 - 1500 sq. ft. Shop #3 - 1554 sq. ft. Shop #4/5 - 5725 sq. ft. Land #6 - 6300 sq. ft. Land #7 - 15,264 sq. ft. (id:12244)
Key Features
Lot Size 1.334 ac|1 - 5 acres
Property Type Business
Year Built 1973
Interior Features
Fireplace No
Exterior Features
Lot Size 1.334 ac|1 - 5 acres
Interested in this listing?
Gordon Fowler
Listing Agent
Gordon Fowler
Broker
RE/MAX Vernon Salt Fowler
Direct: (250) 549-4161
Broker: (250) 549-4161
By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed or use prerecorded and artificial voice), and email, from TREB.com and real estate professionals and their network of service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.
Gordon Fowler
Listing Agent
Gordon Fowler
Broker
RE/MAX Vernon Salt Fowler
Direct: (250) 549-4161
Broker: (250) 549-4161
Get Connected
By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed or use prerecorded and artificial voice), and email, from TREB.com and real estate professionals and their network of service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.