$ 515,000

1975 Vernon Street, Lumby

Well established free standing commercial building in Lumby. Centrally located on main street with good exposure to the passing public. Solid income generation with 2 long term tenants. C-1 Zoning allowing many commercial enterprises. The building is divided in 2 separate units approximately 574 sq ft each, both with street front exposure and back entrances. Each side has its own 2 piece bathroom. Solid concrete block construction built to add a second floor if desired. New torch-on roof in 2024. Natural gas forced air heating as well as central A/C. Good hydro supply with 200 amp service. Ample customer parking located at the back of the building as well as street parking. Feature point of the community with historical murals painted on 3 sides of the building. Great location in the downtown business core in the vibrant growing community of Lumby. (id:1945)
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Property details for 1975 Vernon Street, Lumby

Type
Commercial
Living Area
1,148 square feet
Lot Size
0.08
Cooling
Central air conditioning
Ownership
Freehold
Annual Taxes
$3,139

Nearby Listings Stat

Estimated price and comparable properties near 1975 Vernon Street

Active Listings
51
Min Price
$132,500
Max Price
$4,500,000
Avg Price
$770,469
Days on Market
169
days
Sold Listings
9
Min Sold Price
$469,000
Max Sold Price
$1,149,900
Avg Sold Price
$714,289
Days until Sold
141
days

Neighbourhood Census Data

Lumby, British Columbia / Colombie-Britannique

Population
458
Median Age
51.5
Median Income
$22,976
Dwelling Value
$224,888

Housing Tenure

Owners 45%
Renters 53%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 528.5/km²
Avg Shelter Cost: $1,010/mo
Owners with Mortgage: 90.9%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 53.8%
English only: 95.7%
English and French: 3.3%
Median Household Income: $36,736
Median Employment Income: $26,784

Price History

Listed
May 22, 2026
by Royal LePage Downtown Realty
Current Price
$515,000
Type
Commercial
For Sale
1975 Vernon Street

Contact Agent Get in touch about 1975 Vernon Street, Lumby

Patrick Duggan
Patrick Duggan
Royal LePage Downtown Realty

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