14,438 ft²Other$2,498,888Sale
14,438 ft²
Other
$2,498,888
Sale
Prime mixed-use investment opportunity located downtown Vernon. 3315 30th Avenue is situated in the bustling heart of downtown Vernon. This two-storey commercial building, encompassing a total of 14,438 SF, offers a mix of passive and active income streams, making it an ideal addition to any investment portfolio. Up to 50% Vendor Take-Back (VTB) financing available.
The Space
Asking Price$2,498,888
Available Space14,438 ft²
Floor2
Property UseHotel / Investment property / Vacant or owner user
MLS® ID10304429
ZoningCommercial
SourceDirect
Hotel
The Building - Vernon Hostel
PROPERTY HIGHLIGHTS Vibrant Second-Floor Business: Home to the Vernon Hostel, a well-established 30-bed hostel complete with a manager's suite, offering a steady source of income. Ground-Floor Tenant: The main floor is occupied by the Kawakubo Restaurant, a long-term tenant known for its popularity and stability. Emerging Revenue Stream: A newly prepared 1,200 SF space designated for a Cannabis Dispensary (Cannabis Retail License #450426) is set to enhance the property's income potential. Additionally, there is an extra 3,070 SF of rentable basement space, providing further opportunities for revenue. Convenient Freight Elevator: The property is equipped with a freight elevator, facilitating easy transport of goods from the main floor to the basement, thus improving operational efficiency.
Property TypeOther
Building Size14,438 ft²
Lot Size0.11 AC
MLS® ID10304429
ZoningCommercial
Direct Elevator Exposure
Parking
Restaurant
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
