12,682 ft²Other$2,498,888Sale
12,682 ft²
Other
$2,498,888
Sale
Presenting the 3315 30 Ave Building: Own a bustling commercial property in the core of downtown Vernon. This two-story gem has amazing potential for passive and active income: • Vibrant Second-Floor Business: The Vernon Hostel - 30-bed capacity & manager's suite • Ground-Floor Tenant: Kawakubo Restaurant, well established, roughly 4,270 sqft, consistent income stream • Emerging Revenue Stream: Ready-to-launch 1,200 sqft Cannabis Dispensary space (Cannabis Retail License #450426), plus 3,070 sqft of rentable basement space, new avenue for income • Convenient Freight Elevator: Goods transport from main floor to the basement Sale & Lease Options: • Hostel = $178,000 • Restaurant = $129,000 • Basement: Lease for roughly $3,500 to $5,700 monthly plus T-net.
The Space
Asking Price$2,498,888
Available Space12,682 ft²
Floor2
Property UseHotel / Investment property / Vacant or owner user
MLS® ID10304429
ZoningCommercial
SourceDirect
Hotel
The Building - Vernon Hostel
2 Story downtown Vernon commercial building with a passive income and a second floor operating business that consists of a 30-bed hostel (Vernon Hostel) and manager suite. There is a storefront main floor long term restaurant tenant (Kawakubo Restaurant) occupying approximately 4,270 sq ft and as-of-yet-to-opened 1,200 sq ft Cannabis Dispensary (Cannabis Retail License #450426) in the lower level of the building. This building must be seen to be appreciated.
Property TypeOther
Building Size12,682 ft²
Lot Size0.11 AC
MLS® ID10304429
ZoningCommercial
Up to $500K for British Columbia businesses
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