3100 30 Avenue, Vernon
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, 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. (id:1945)
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Property details for 3100 30 Avenue, Vernon
- Type
- Commercial
- Living Area
- 15,000 square feet
- Lot Size
- 0.23
- Parking
- Additional Parking
- Heating
- Other
- Cooling
- Heat Pump
- Exterior
- Brick, Stucco
- Ownership
- Freehold
- Annual Taxes
- $65,571
Nearby Listings Stat
Estimated price and comparable properties near 3100 30 Avenue
Active Listings
305
Min Price
$1,000
Max Price
$9,630,000
Avg Price
$818,594
Days on Market
128
days
Sold Listings
77
Min Sold Price
$229,000
Max Sold Price
$2,699,000
Avg Sold Price
$704,979
Days until Sold
99
days
Neighbourhood Census Data
Vernon, British Columbia / Colombie-Britannique
Population
259
Median Age
41.9
Dwelling Value
$349,183
Housing Tenure
Owners 35%
Renters 69%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.6
Pop. Density: 532.3/km²
Owners with Mortgage: 62.5%
English only: 91.7%
English and French: 6.3%
Median Household Income: $33,920
Price History
Listed
June 29, 2026
by RE/MAX Vernon Salt Fowler
Current Price
$4,179,000
Type
Commercial
For Sale
