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Address
4401 25th Avenue Vernon, BC
Price
$ 3,250,000
Property Attributes
  • MLS#10185279
  • TypeCommercial
  • Region
  • CityVernon
  • AreaNorth Okanagan
  • NeighbourhoodOL - Okanagan Landing
  • Postal CodeV1T7A5
  • StyleLand
  • Price$ 3,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.98 Acres
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Property Description

The Subject Property is 3.98 acres of flat industrial site located in the Okanagan Landing area of Vernon, BC with access off 25th Avenue to the south and a driveway letdown on 27th Avenue to the north. With a current vacancy rate of +/- 2.0%, Industrial Land is in critically short supply in Vernon, which has developers scrambling to meet demand. Zoning specifies an FAR of 1.5 and a 7.5m Front yard setback and although it permits up to 60% site coverage (104,000 sf of building area), it is thought that a two building scenario of 50,000 to 70,000 sf total would be optimal for yard storage, truck traffic, and parking.

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1T7A5

Price
AVG $3.25M
$3.25M
Visits
AVG 41
40
Walkscore
AVG 46
46
Data Provided by Walkscore ® not using MLS data