3503 27 Street, Vernon, British Columbia V1T 4X1

Listed for:
$509,000
0 beds
0 baths
Listed 123 days ago
Other for rent: 3503 27 Street, Vernon, British Columbia V1T 4X1

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Learn more about this property
Listing provided by:
Royal LePage Downtown Realty
MLS® number:
10302757
Agent:
Lauren Fowler
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About

Welcome to the perfect opportunity for investors looking to develop a property that has the potential to cater to both retail and residential needs. Situated in a prime location, this property presents an excellent opportunity for those who want to invest in a promising and lucrative project. The property boasts a total land area of 0.17 acres. The property is located along a busy section of 27th Street in Vernon, making it ideal for a long list of commercial ventures in the C3 Zone. The possibilities for development are endless, including (but not limited to) personal service establishments, retail stores, and professional offices, liquor stores, and a combination of both commercial and residential builds. Development application with the City of Vernon has been approved for a specific project and building design may be provided to the potential buyer for a modern 3000 square foot build with both retail space on the main floor and 4 residential micro-suites above. The property could also be used in its current state as a 3 bedroom 2 bathroom home with lots of character and charm, but will require some work to update. With its prime location, ample land area, and well-connected location, this property is sure to attract the attention of many investors. This is an opportunity that should not be missed, so act fast and make this property yours today! (id:27476)

Property Highlights

Type
Other
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Public Transit, Schools

Location

Summary

Conveniently situated in a prime location, this property offers an exciting opportunity for investors interested in developing a versatile space that can cater to both retail and residential needs. With a total land area of 0.17 acres, the property is located on a bustling section of 27th Street in Vernon, making it an ideal location for a wide range of commercial ventures in the C3 Zone.

The potential for development is vast, with options including personal service establishments, retail stores, professional offices, liquor stores, and a combination of commercial and residential builds. The City of Vernon has already approved a development application for a specific project, with the option to provide the potential buyer with a modern 3000 square foot build featuring retail space on the main floor and 4 residential micro-suites above.

Alternatively, the property can be utilized in its current state as a 3 bedroom, 2 bathroom home with plenty of character and charm, although it will require some updates. With its prime location, ample land area, and well-connected position, this property is sure to attract the attention of numerous investors.

Don't miss out on this exceptional opportunity - act fast and make this property yours today!

This property is for sale and boasts a land size of 0.17 acres, with nearby amenities including public transit and schools. It is located at 3503 27 Street in Vernon, British Columbia, with a postal code of V1T4X1.