The Steenkamp Team
Debbie and David Steenkamp
Forgot password Extend Verify Contact

2800 29 Street,
City of Vernon Vernon V1T 9P9

$3,650,000
Office built: 1995

Main Photo: 2800 29 Street, Vernon | MLS #10279431
Status:
Active
Prop. Type:
Office
MLS® Num:
10279431
Year Built:
1995
Investment Property. Downtown Vernon. Office/Retail Building with 3 commercial tenants. One is a Strong, Long Term National Tenant. 7 year Lease term, triple net, ending October 31, 2027. One retail bike store as well as a Real Estate Brokerage. Total current Income is $258,894.85 with a Net Operating Income of $191,694.85. Substantially renovated. Rent escalation is in place for all leases. CAP rate with current asking price is 5.25 (id:2493)
Property Type:
Office
Size Interior:
14,004 sq. ft.
Transaction Type:
For sale
Community:
City of Vernon
Amenities:
Shopping, Public Transit
Features:
Central location, Corner Site, Visual exposure, Flat site
Community Features:
High Traffic Area
Building Type:
Offices
Age:
28 years
Fireplace:
No
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Shopping, Public Transit
Road Access:
Easy access
Acreage:
No
Lot Size:
under 1 acre
Road Surface:
Paved road
  • Photo 1: 2800 29 Street, Vernon | MLS #10279431
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by RE/MAX Commercial Solutions
Data was last updated September 29, 2023 at 03:45 PM (UTC)
Debbie Steenkamp
David Steenkamp
Powered by myRealPage.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.