For Sale · Vernon · Other

$4,179,000

3100 30 Avenue, Vernon

15,000

Sq Ft

1995

Built

About This Home

The details.

Fully leased, income-producing investment opportunity in the heart of downtown Vernon. This well-maintained three-storey office building is fully occupied by five established tenants, providing immediate, stable cash flow with an approximate 5.25% cap rate based on the current asking price and existing rental income. Offering approximately 13,778 rentable square feet, elevator service, and exceptional corner exposure, this is a turnkey commercial asset in one of Vernon's most sought-after downtown locations. A rare second parcel with 20 owned parking stalls provides outstanding value, additional income potential, and future redevelopment flexibility. With zoning that supports redevelopment of up to 16 storeys, this property offers both reliable income today and significant long-term upside. Surrounded by professional offices, restaurants, shopping, government services, and everyday amenities, this is an exceptional opportunity to acquire a premium investment property in Vernon's downtown core. (id:66635)

Summarizing the highlights...

MLS® 10393107Listing courtesy of RE/MAX Vernon Salt FowlerView on map Street view

Property Details

Facts & features.

Property type: Other
Ownership: Freehold
Year built: 1995
Size: 15,000 sqft
Lot size: 0.23 acres
Parking: 20 spaces
Listed on: 2026-06-29
Days on market: 16
MLS number: 10393107
Data source: Association of Interior REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$19,544

$3,343,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$19,544

Cash flow

-$19,544

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vernon right now

294

Active listings

306

New this week

$629,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vernon.

Household and demographic stats for Vernon, from the Statistics Canada 2021 Census.

44,519
Population (2021): 49.2
Median age: 19,775
Households: 2.2
Avg household size: 66.1%
Home ownership: $73,500
Median household income

Vernon neighbourhood guide Full census profile Vernon market trends

Source: Statistics Canada 2021 Census, Vernon, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Open Door Alternate School
public · secondary
320 m
St James
independent · elementary
390 m
Beairsto Elementary
public · elementary
520 m
W L Seaton Secondary
public · secondary
1.0 km
Mission Hill Elementary
public · elementary
1.2 km
Alexis Park Elementary
public · elementary
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.