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740 Waddington Drive Unit# 11, Vernon
Vernon
Industrial
$640,000
For sale
0 BEDS
0 BATHS
2273 sqft
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Description
Why be tied up in a GIC when alternatively you could invest & hold a recently updated commercial real estate property with a 4.50% CAP RATE on Middleton Mountain Vernon! Great location in a very popular 12 unit commercial strata complex with 2273 sqft of space. Multiple access points from Waddington Drive and 11th Ave, including a dedicated back lane to the bay area. Plus, the light industrial zoning offers a multitude of future usage. Current lease in place until October 15, 2027 with optional dual 3-year term extensions. Call us today for more information on this next investment into your portfolio!
General Info
10340287
1987
Baseboard heaters, Overhead Heaters, See remarks
Listed BY: Lisa Salt, RE/MAX Vernon Salt Fowler
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$ 640,000
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