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3100 30 Av 13,778 SF 100% Leased Office Building Vernon, BC V1T 2C2 $2,981,890 USD ($216.42 USD/SF) 5.25% Cap Rate
Investment Highlights
- Excellent corner exposure & curb appeal
- 5.25% cap rate
- Investor ready (fully tenanted)
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 (Actual - 2025) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Sale Type
Investment
Property Type
Building Size
13,778 SF
Building Class
A
Year Built
1995
Price
$2,981,890 USD
Price Per SF
$216.42 USD
Cap Rate
5.25%
NOI
$156,549 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,593 SF
Building FAR
1.38
Lot Size
0.23 AC
Zoning
CMUC - To allow for a range of large-scale commercial, residential, and Mixed-Use Housing development up to 16 Storeys in Height.
Parking
20 Spaces (1.45 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- BC Government/ Ministry
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Eye Doctors
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- HairSalon
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Lawer Firm
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Lumber Broker
- Agriculture, Forestry, Fishing and Hunting
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| BC Government/ Ministry | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Eye Doctors | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| HairSalon | Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Lawer Firm | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Lumber Broker | Agriculture, Forestry, Fishing and Hunting | 99,999 SF | $9.99 | Lorem Ipsum | - |
1 1
Exceptionally walkable
100/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
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Presented by
RE/MAX Vernon Salt Fowler
3100 30 Av
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