1 / 27$2,360,000
219 VERMILION AVENUE, No City Value BC V0X 1W0
Building Size
17,132 sqft
Lot Size
13,068 sqft
Sub-type
Multi Family
Zoning
C2
Year Built
1961
Description
Opportunity to obtain an extensively renovated multi-tenanted mixed use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units have been upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price with a solid tenant mix makes this a smart investment for the future.
Location
219 VERMILION AVENUE, No City Value BC V0X 1W0
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