1901 48 Avenue,

Vernon, British Columbia V1T6Z4

$1,650,000

In Vernon, B.C. you will find this approx. 3850 square foot one and a half story building on a level 1.227 acre site adjacent to 48th Avenue, also known as Silver Star Road. Land and building only, electrical business is not included in this sale! Gound floor is approx. 3052 sq ft with an 800 sq ft mezzanine. Building is a mix of precast & concrete block with some stucco, brick & metal exterior finishing w/ yard lighting & security cameras. Ample paved parking at the front, a fenced 9512 sq ft compound and a 924 sq ft lean-to at the rear of the building. This site has lane access at the rear which leads to the excess level yard area currently used as storage by third parties, no lease. As a condition of sale the owner will lease back the premises, paved parking area and compound for a five year term with two further options for renewal at market rates. Potential to either lease out the approx. 30,000 sq ft excess lands or build more buildings. Permitted site coverage as per the C11 zoning is 60%. This is a former gravel pit with associated stable surface. Good visual exposure off of a high traffic four lane road. (id:3942)
ID# 10259895
Courtesy of RE/MAX Vernon

Listed on: July 28, 2022

On market: 18 days
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Baseboard heaters

Year Built 1973
Heating Type Baseboard heaters
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