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2933 30thAve, Vernon, BC 2933 30 Av 21,818 SF 100% Leased Flex Building Vernon, BC V1T 2B8 $6,750,000 CAD ($309.38 CAD/SF) 5% Cap Rate
Investment Highlights
- Well Built Building and Electrical Panel
- Downtown Vernon
- New Zoning May Allow for up to 16 Stories
Executive Summary
Property Features:
EXCEPTIONALLY BUILT COMMERCIAL BUILDING NEW ZONING POTENTIALLY
ALLOWS FOR 16 STORIES
*Parking Level Tenant: 9,342 SF; Beverage Manufacturer.
*Main Level has two tenants; 1) Pub & Brewery, and 2) Engineering Firm.
*Parking Level: 9,342 SF.
*Main Level: Pub & Brewery 10,076 SF, Engineering Firm 2,400 SF.
*New Cultural Centre is in development. This new facility is a planned to promote
arts, heritage, and community gathering...one block away.
*Zoning Bylaw 6000: Streamlined development, Adjustments to regulations,
increases building height.
*Parking Level could also be used for monthly parking, there are 28 parking stalls.
*Vernon Population Growth - 11.0% from 2016 - 2021
*Vernon's projected population growth increase is 47% by 2046.
*The Cultural Centre is about a $46M project.
*The Cultural Centre is targeted to Open in May of 2028.
*MLS: AoIR: 10371124
*MLS: GVR: 8074547
EXCEPTIONALLY BUILT COMMERCIAL BUILDING NEW ZONING POTENTIALLY
ALLOWS FOR 16 STORIES
*Parking Level Tenant: 9,342 SF; Beverage Manufacturer.
*Main Level has two tenants; 1) Pub & Brewery, and 2) Engineering Firm.
*Parking Level: 9,342 SF.
*Main Level: Pub & Brewery 10,076 SF, Engineering Firm 2,400 SF.
*New Cultural Centre is in development. This new facility is a planned to promote
arts, heritage, and community gathering...one block away.
*Zoning Bylaw 6000: Streamlined development, Adjustments to regulations,
increases building height.
*Parking Level could also be used for monthly parking, there are 28 parking stalls.
*Vernon Population Growth - 11.0% from 2016 - 2021
*Vernon's projected population growth increase is 47% by 2046.
*The Cultural Centre is about a $46M project.
*The Cultural Centre is targeted to Open in May of 2028.
*MLS: AoIR: 10371124
*MLS: GVR: 8074547
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Mezzanine
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Breakroom
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beverage Manufacturer
- Manufacturing
-
99,999 SF
-
$9.99
- -
- Engineering Firm
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
- -
- Pub & Brewery
- Retailer
-
99,999 SF
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beverage Manufacturer | Manufacturing | 99,999 SF | $9.99 | - | ||
| Engineering Firm | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | - | ||
| Pub & Brewery | Retailer | 99,999 SF | $9.99 | - |
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2933 30thAve, Vernon, BC | 2933 30 Av
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