740 Waddington Drive Unit# 11 Vernon, British Columbia V1T 9E9
$640,000Maintenance,
$656.34 Monthly
Maintenance,
$656.34 MonthlyWhy 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:58444)
Property Details
| MLS® Number | 10340287 |
| Property Type | Industrial |
| Neigbourhood | Middleton Mountain Vernon |
| Features | Corner Site, Irregular Lot Size, Sloping |
| Parking Space Total | 6 |
Building
| Constructed Date | 1987 |
| Exterior Finish | Concrete Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Overhead Heaters, See Remarks |
| Roof Material | Unknown |
| Roof Style | Unknown |
| Size Interior | 2,273 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Industrial |
| Landscape Features | Sloping |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1 Acre |
| Zoning Type | Unknown |
Contact Us
Contact us for more information
Lisa Salt
www.saltfowler.com/
www.facebook.com/vernonrealestate
www.linkedin.com/in/lisasalt
twitter.com/lisasalt
instagram.com/salt.fowler
5603 27th Street
Vernon, British Columbia V1T 8Z5
(250) 549-4161
saltfowler.com/
Gord Heighton
5603 27th Street
Vernon, British Columbia V1T 8Z5
(250) 549-4161
saltfowler.com/
Gordon Fowler
Personal Real Estate Corporation
www.saltfowler.com/
5603 27th Street
Vernon, British Columbia V1T 8Z5
(250) 549-4161
saltfowler.com/
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April 24 2025 03:13:18
Association of Interior REALTORS®
RE/MAX Vernon Salt Fowler