1961 Vernon Street Lumby, British Columbia V0E 2G0
$730,000
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:58444)
Property Details
| MLS® Number | 10364385 |
| Property Type | Other |
| Neigbourhood | Lumby Valley |
| Parking Space Total | 8 |
Building
| Constructed Date | 1901 |
| Heating Type | Forced Air |
| Roof Material | Metal |
| Roof Style | Unknown |
| Size Interior | 1,300 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Rear |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.21 |
| Size Total | 0.21 Ac|under 1 Acre |
| Size Total Text | 0.21 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28935075/1961-vernon-street-lumby-lumby-valley
Contact Us
Contact us for more information
Stephanie Sexsmith
Personal Real Estate Corporation
beyondrealestatesales.com/
B-1862 Vernon Street
Lumby, British Columbia V0E 2G0
(250) 480-3000
(866) 232-1101
www.fairrealty.com/
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October 01 2025 05:32:05
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