11,111 ft2
Acreage
$3,195,000
FOR SALE: Income-Producing Industrial Facility with Retail & Warehouse Components at 6% CAP RATE. An exceptional opportunity to acquire a 12,495 sq. ft. light industrial facility on a full one-acre site in Vernon, BC. This concrete block building features a functional, segmented interior with excellent utility for a wide range of usersāfrom warehousing and light manufacturing to retail distribution and trades. Office/Lunchroom Area: Wood-framed and metal-clad, finished interior. Retail/Showroom Area: Heated and air-conditioned. Warehouse Space: 3 bay doors, 3 mezzanines, concrete flooring, and 14' ceilings. Insulated Shop Area: Separate access with dedicated bay door; heated and secure. Rear Yard Storage Area: Open-air space at the rear for outdoor equipment or material storage. Roof: Torch-on membrane roof, replaced in sections over the past 3ā7 years, Doors: 4 x 14ā overhead warehouse bay doors, electrical: 200 Amp 3-phase power service. Multiple access points and a flexible layout, the building can accommodate one or multiple tenants or be tailored to an owner-user's operation. Whether you're an investor looking for stable light industrial income or an end-user seeking operational efficiency with expansion potential, this property offers a compelling mix of location, functionality, and income. The current owner is flexibleācan remain in place or vacate with proper notice. Business NOT for sale only the Property. (id:60626)
Property Details
|
MLS® Number
|
10352703 |
|
Property Type
|
Other |
|
Neigbourhood
|
City of Vernon |
Building
|
Constructed Date
|
1977 |
|
Exterior Finish
|
Concrete Block |
|
Roof Material
|
Other |
|
Roof Style
|
Unknown |
|
Size Interior
|
11,111 Ft2 |
|
Type
|
Residential Commercial Mix |
Land
|
Acreage
|
Yes |
|
Current Use
|
Mixed Use |
|
Size Irregular
|
1 |
|
Size Total
|
1 Ac|100+ Acres |
|
Size Total Text
|
1 Ac|100+ Acres |
|
Zoning Type
|
Light Industrial |