FOR SALE | INCOME PRODUCING PROPERTY IN CENTRAL VERNON
4609, 4611 & 4613 23 STREET | VERNON BC
$4,800,000
For Sale
The Opportunity
Opportunity to purchase an income-generating industrial property located in the heart of central Vernon. This property consists of three parcels encompassing a total of 2.0 acres (including common access) and represents the entirety of Strata Plan KAS1967. The total building occupancy is currently at 80% and the total leasable area spans a total of 26,200 sq.ft over lots 1 and 2 (4609 and 4611 – 23 Street). Lot 3 (4213 – 23 Street) remains undeveloped and serves as additional parking for tenants. Current lease rates are below market and the 6000 square foot vacancy provides an opportunity for owner occupancy.
Property Details
Property Type: |
Industrial |
Address: |
4609, 4611 & 4613 23 STREET | VERNON BC |
Leasable Area: |
26,200 SF |
# of Units: |
6 |
Site Coverage: |
31% |
Year Built: |
1989 +/- |
Zoning: |
I1 - Light Industrial |
Parking: |
105 stalls |
Presented By
Meghan Cortese
250.862.7038
meghancortese@rlkcommercial.com
Property Details
MUNICIPAL ADDRESS
| 4609 A 23 Street, Vernon BC, V1T 4K7 |
| 4611 B 23 Street, Vernon BC, V1T 4K7 |
| 4613 23 Street, Vernon BC, V1T 4K7 |
LOT AND BUILDING AREA
| ADDRESS | LOT AREA (SF / AC) | BUILDING AREA (SF)* | PARKING | SITE COVERAGE | YEAR BUILT |
| 4609 – 23rd St | 34,875 / 0.80 | 16,800 | 27 | 48% | 1989 +/- |
| 4611 – 23rd St | 20,667 / 0.47 | 9,912 | 21 | 48% | 1997 +/- |
| 4613 – 23rd St | 19,052 / 0.44 | 0 | 53 | 0% | |
| Common Access | 12,644 / 0.29 | 0 | 4 | 0% | |
| TOTAL | 87,238 / 2.00 | 26,712 | 105 | 31% |
Location Overview
Located at the North end of Vernon with nearby access to Highway 97. This location offers close proximity to Village Green Mall, Walmart Power Centre and Anderson Way shopping corridor. Located only 35 minutes from the Kelowna International Airport and 15 minutes from Vernon’s private airport. Contact listing agent for more information.
