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2907 32 Street -

A total of 4 Commercial Buildings and 2 parking lots to be sold as one. All secure long Term Tenants with recently renewed leases. Shows a 6.5% Cap Rate at list Price. See document section on MLS or contact Listing Realtor for details and performance package. Properties are held in a holding company with other properties and therefore financials are not available. Lease are the indication of value. Principals of the company/owner are licensed Realtors in the province of British Columbia

Property Details

  • ID: 10116541
  • Status: Sold on 2016-09-19
  • Property ID: 101146978
  • New Construction: No
  • Style: Commercial
  • Neighbourhood: City of Vernon

Features

Classification Retail and Offices
Contingency Y/N Yes
Court Ordered Sale Y/N No
Description of Year Built Unknown/Mixed
Division North Okanagan
Financial Statement Available From Not Available
FractionalInterest Y/N No
Heat Controls Y/N No
Indian Reserve Y/N No
Information Package Available Y/N Yes
Investment Analysis Available Y/N Yes
Occupied on Closing Y/N Yes
Other Zoning Code - C7, Trades Description - N/A, Supplements Count - 7, Possession - Negotiable, Parking Spaces Count - 1, Contingency Description - All Properties Sold Together, Complex - See Comments, Capacity - See Attached Documents
Power Other (See Remarks)
Predominate Use Offices Only
Redesig/rezoning Unknown
Seller Disclosures Y/N Yes
Sellers Disclosures Other (See Remarks)
SEWAGE DISPOSAL Sewer
Storm Drainage Connected
Sublease Y/N Yes
Survey Certificate Available Y/N No
Tax Assessment Status Assessed
Title Form Fee-Simple Non-Strata
Title Held Freehold
Trades Y/N No
Transaction Type For Sale
Water supply Municipal
Zoning Subtype Commercial mixed use
Zoning Type Commercial Mixed
Listed By Melanie King of CENTURY 21 Executives Realty Ltd.