*Prime Okanagan Multi-Tenant Industrial Asset* There is a heavy demand for commercial properties in the Okanagan and this property offers immediate strong income with huge expansion potential. The main warehouse unit plus rear lot totals 0.76 acres with over 16,500 SF of building area and the property features a mix of office, showroom, workshop, residential and warehouse space with existing tenancies. Zoned INDL – Light Industrial with excellent access and potential to further demise the space into multiple industrial bays. (Plans to add 6 more bays available upon request) and potential to develop the back lot (4701 Okanagan Avenue). Current Tenancies: Lease #1: Shop – 1,859 SF (shop space + caretaker suite). Lease #2 (no photos included - available to view): Shop – 3,187 SF building + yard space. Lease #3: Browns Transport (Owner) – 8,500 SF inside the building + back lot (lease can be structured to suit buyer needs). Large open warehouse with 16 ft clear height overhead door + offices. Lease #4: Cafe – 1,115 SF combined office space + kitchen (downstairs + upstairs). *Full lease details available upon request. This property is ideal for an owner-occupier or investor seeking a well-leased industrial asset with income in place. Virtual tour, full lease summaries, floor plans and information package available upon request. *Showing's by appointment only*. Please contact your Agent or the Listing Agent for more information or to schedule a viewing. (id:2493)
Property Type:
Industrial
Common Interest:
Freehold
Total Living Area:
16,480 sq. ft.1,531 m2
Taxes:
$25,974 /
-
Community:
City of Vernon
Exterior Features:
Concrete
Structure Type:
Other
Roof:
Other, Unknown
Cooling:
Central air conditioning
Fireplace:
No
Heating:
Forced air, Electric, See remarks
Roof Style:
Other, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Current Use:
Industrial
Fence Type:
Fence
Lot Frontage:
102'31.1 m
Lot Size:
0.76 acre(s)0.31 hectare(s)
Lot Details:
0.76
Lot Features:
Level lot
Parking:
Rear, Oversize
Back
Front
Bird's eye view of both lots
Photo 4 of 35
Front
Front
East Side with bay door to Lease #3
Lease #3
Lease #3
Lease #3
Lease #3
Ground level entrance
Ground level entrance
Lease #3 Office - ground level
Lease #4 - ground level
Lease #4 - ground level
Lease #4 - ground level
Upper level
Upper level kitchen
Upper level bathroom
Upper level bathroom
Upper level bathroom
#1 lease floor plan
#1 Lease
#1 Lease
#1 Lease Suite
#1 Lease Suite
#1 Lease Suite
#1 Lease Suite
#1 Lease Suite
Lot - Development Potential
Lot - Development Potential
Lot - Development Potential
Commercial space and washrooms above lease space #4 and Offices
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