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, professionally updated common areas, 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.

Interior Features

• Approximately 13,778 rentable square feet.
• Three-storey professional office building.
• Fully leased to five established tenants.
• Elevator servicing all floors.
• Air-conditioned throughout.
• Secure building access.
• Well-maintained mechanical systems.
• Flexible floor plans suitable for a variety of professional users.

Exterior & Property Features

• Prime downtown Vernon location.
• High-profile corner exposure.
• Excellent street frontage and signage opportunities.
• Two parcels included.
• Additional lot with 20 owned parking stalls.
• Strong pedestrian and vehicle traffic.
• Walking distance to restaurants, banking, shopping, and government services.
• Surrounded by established professional and medical offices.
• Easy access from major arterial routes.
• Exceptional long-term redevelopment potential.
• Zoning supports redevelopment up to 16 storeys.
• Stable income-producing investment.
• Approximate 5.25% cap rate (based on asking price and current income).
• Rare value-add opportunity with future upside.

For a private viewing, call RE/MAX Vernon Salt Fowler today at 250-549-7258 and "Just Add Salt"!