V1T Office Spaces for Sale

V1T Office Space for Sale

4501 31 St

Vernon, BC V1T 5J8

Office for Sale
$3,160,000 CAD
7,708 SF

Vernon Office for Sale

Marcus & Millichap is pleased to present for sale 4501 31 Street, Vernon, B.C. (the “Subject Property”). This offering represents a rare opportunity to acquire a newer, single-tenant investment property leased to the Government of Canada, providing investors with secure, long-term income backed by an exceptional covenant. Constructed in 2014, the Subject Property comprises 7,708 square feet of modern office and warehouse space on a 34,818 square feet site, situated within Vernon’s established commercial and light industrial corridor just north of downtown. The property is fully leased to the Government of Canada until August 31, 2034, offering investors nearly nine years of remaining term with no renewal options. With its strong tenant covenant, long lease term, and minimal capital requirements, the Subject Property offers investors a stable, low-risk investment in a newer building within a growing Okanagan market.

Contact:

Marcus & Millichap

Date on Market:

2025-10-29

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Office Spaces for Sale in V1T

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How many office spaces are available for sale in V1T?

There are currently 1 office spaces available for sale in V1T, offering a unique opportunity for businesses to establish a presence.

How big are the office spaces available for sale in V1T?

The average size of office spaces available for sale in Vernon is about 7,708 SF. The largest office spaces available to buy is 7,708 SF and the smallest is 7,708 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for office spaces in V1T?

The average market cap rate for office spaces for sale is about 5.00% based on data provided in V1T. Learn more about how cap rates are calculated.

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Office Space for Sale in V1T