3315 30 Avenue
Vernon, British Columbia V1T2C9

$2,498,888

ID# 10310982

Commercial Property in the core of downtown Vernon Offered at $2,498,888.00 – (plus businesses) Approximately 12,682 Up to 50% Vendor Take-Back (VTB) financing available. Presenting the 3315 30 Ave Building: A golden chance to own a bustling commercial property in the core of downtown Vernon. This two-story gem is more than an investment; it's a portal to generating both passive and active income, featuring: 1.Vibrant Second-Floor Business: The Vernon Hostel, boasting a 30-bed capacity and a convenient manager's suite. (available for sale) 2.Ground-Floor Tenant: Kawakubo Restaurant, a long-standing establishment occupying roughly 4,270 sqft, providing a consistent income stream. (available for sale) 3.Emerging Revenue Stream: A ready-to-launch 1,200 sqft Cannabis Dispensary space (Cannabis Retail License #450426), alongside an additional 3,070 sqft of rentable basement space, opening new avenues for income. 4.Convenient Freight Elevator: Ensuring easy goods transport from the main floor to the basement, enhancing operational efficiency. Leasing Highlights: 1.Hostel: Hostel Available for sale: $178,000 2.Restaurant: Restaurant available for sale $129,000 3.Basement Space: Available for lease, projecting $3,500 to $5,700 monthly plus T-net. (id:3942)

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Courtesy of Business Finders Canada

Listed on: April 25, 2024

On market: 25 days

Half Bathrooms Total	0

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Amy Blake

REALTOR®

amy@homesbyamy.ca

#1 - 1890 Cooper Rd Kelowna, BC V1Y 8B7

250.878.5590

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3315 30 Avenue Vernon, British Columbia V1T2C9

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3181 Eagle Bay Road Eagle Bay $1,799,000 Beds: 3 Baths:4 Sq Ft:1679 sqftDonna Smith-Bradley

514 8 Street SE Salmon Arm $679,900 Beds: 3 Baths:2 Sq Ft:1520 sqftRochelle Dale

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