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Transportation & Warehousing

4211 25 Avenue - Tenanted Industrial Investment Property

British Columbia, CAN
Listed 38 days ago

This property on 25 Avenue presents an opportunity to acquire a tenanted industrial investment property within Vernon’s established 25 Avenue industrial corridor. The approximately 0.689-acre property is improved with approximately 11,500 square feet of main-floor space, together with approximately 1,500 square feet of mezzanine area and approximately 2,950 square feet of mostly finished basement area. The building is configured with retail/showroom, parts, warehouse, office and support areas and is currently occupied under an active lease through September 30, 2032. Current base rent is $180,000 annually, with scheduled annual increases during Years 6–10 of the lease. The property is zoned INDL – Light Industrial and offers frontage along 25 Avenue with secondary access from 25A Avenue. This is a court-ordered sale and is subject to court approval and applicable court-ordered sale conditions. This is a preliminary advertisement for a confidential business, franchise, commercial real estate, lease, or investment opportunity. Certain details may be withheld, summarized, estimated, or generalized until a qualified buyer completes an NDA. All information is believed to be accurate, but is not guaranteed and should be independently verified. Information is subject to seller confirmation, change, correction, prior sale, lease, withdrawal, or removal without notice. Any advertised price is based on seller-authorized information available at the time of publication. This advertisement is for informational and marketing purposes only and does not constitute an offer, representation, warranty, or guarantee.

Location

Approx. 11,500 SF main floor with retail/showroom, warehouse, parts and office space, plus 1,500 SF mezzanine and 2,950 SF basement. Includes overhead loading doors, parking, fenced yard and access from 25 Avenue and 25A Avenue.

Real Estate

Real Property Included

Size In Square Feet

12,000 SF

Reason for Selling

Court-Ordered Sale

Financials

Asking Price
$3.0M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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