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11 740 Waddington Drive, Vernon, BC V1T9E9
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$640,000
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Home Details for 740 Waddington Drive 11
Price
$640,000
Type
Commercial/Industrial
Year Build
1987
Hoa
$656.34
Listing #
10340287
On exitrealty.com
169 days
Property Description
Already Renovated!! Why 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 via the current asking price, 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 uses. 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:31684)
- Heating Information
- Baseboard
- Electric
- See Remarks
Listing Courtesy: RE/MAX Vernon Salt Fowler
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate AssociationData Terms of Use
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$640,000
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