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Prime Commercial Property - Downtown Vernon For Sale

Vernon, British Columbia, Canada
Asking Price:
$2,498,888 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Presenting the 3315 30 Ave Building: Own a bustling commercial property in the core of downtown Vernon. This two-story gem has amazing potential for passive and active income:

• Vibrant Second-Floor Business: The Vernon Hostel - 30-bed capacity & manager's suite
• Ground-Floor Tenant: Kawakubo Restaurant, well established, roughly 4,270 sqft, consistent income stream
• Emerging Revenue Stream: Ready-to-launch 1,200 sqft Cannabis Dispensary space (Cannabis Retail License #450426), plus 3,070 sqft of rentable basement space, new avenue for income
• Convenient Freight Elevator: Goods transport from main floor to the basement

Sale & Lease Options:

• Hostel = $178,000
• Restaurant = $129,000
• Basement: Lease for roughly $3,500 to $5,700 monthly plus T-net.

Contact Business Finders to learn more about this incredible commercial real estate opportunity.

Property Information

Real Estate:

Real Property Included

Location:

Vernon, B.C. V1T 2C9

Premises Details:

2 Story downtown Vernon commercial building with a passive income and a second floor operating business that consists of a 30-bed hostel (Vernon Hostel) and manager suite. There is a storefront main floor long term restaurant tenant (kawakubo Restaurant) occupying approximately 4,270 sq ft and as-of-yet-to-opened 1,200 sq ft Cannabis Dispensary (Cannabis Retail License #450426) in the lower level of the building. This building must be seen to be appreciated.