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2933 30thAve, Vernon, BC 2933 30 Av 21,818 SF 100% Leased Flex Building Vernon, BC V1T 2B8 $4,966,888 USD ($227.65 USD/SF) 5% Cap Rate
Investment Highlights
- Prime downtown Vernon location with 28 on-site parking stalls
- Zoning allows for future redevelopment up to 16 stories under Bylaw 6000
- Located in a high-growth market with a projected 47% population increase by 2046
Executive Summary
This is a rare opportunity to acquire a 21,818 SF mixed-use commercial property in the heart of Vernon, BC. Located at 2933 30th Avenue, this asset combines stable income with significant redevelopment potential. The property is fully leased to a strong tenant mix, including a well-established pub and brewery, an engineering firm, and a beverage manufacturer. Current zoning under Bylaw 6000 allows for future vertical expansion of up to 16 stories, making this an ideal candidate for long-term value creation. Situated in a prime downtown location with 28 dedicated parking stalls, this property offers excellent visibility and accessibility. Investors seeking a stable income stream with redevelopment upside will find this asset highly compelling.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Mezzanine
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Breakroom
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beverage Manufacturer
- Manufacturing
-
99,999 SF
-
$9.99
- -
- Engineering Firm
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
- -
- Pub & Brewery
- Retailer
-
99,999 SF
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beverage Manufacturer | Manufacturing | 99,999 SF | $9.99 | - | ||
| Engineering Firm | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | - | ||
| Pub & Brewery | Retailer | 99,999 SF | $9.99 | - |
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2933 30thAve, Vernon, BC | 2933 30 Av
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