- ©MLS 10340287
- Area 2273 sq ft
- Parkings 6
Description
Why be tied up in a GIC when alternatively you could invest & hold a recently updated commercial real estate property with a 4.50% CAP RATE on Middleton Mountain Vernon! Great location in a very popular 12 unit commercial strata complex with 2273 sqft of space. Multiple access points from Waddington Drive and 11th Ave, including a dedicated back lane to the bay area. Plus, the light industrial zoning offers a multitude of future usage. Current lease in place until October 15, 2027 with optional dual 3-year term extensions. Call us today for more information on this next investment into your portfolio! (id:48970) Show More
Details
- Constructed Date: 1987
- Property Type: Industrial
- Type: Other
- Access Type: Easy access
- Neighbourhood: Middleton Mountain Vernon
- Maintenance Fee: 656.34/Monthly
Features
- Corner Site
- Irregular lot size
- Sloping
- Baseboard heaters
- Overhead Heaters
- See remarks
Location
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Data provided by: Okanagan-Mainline Real Estate Board