10003 & 10091 6 Highway
City of Vernon Vernon V1B 3B6

$3,720,000
Other

Main Photo: 10003 & 10091 6 Highway in Vernon: Other for sale : MLS®# 10312993
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Status:
Active
Prop. Type:
Other
MLS® Num:
10312993
Build. Type:
Residential Commercial Mix
Great Investment opportunity for future growth and appreciation. 12.88 Acres of land less than 10 minutes from downtown Vernon, in Coldstream, on the north side of Highway 6 just East of the Vernon/Coldstream City Boundary. This property has 2 Titles and provides great passive revenue for owners, and potential for capital appreciation in the future. Long-term tenant PRT (Pacific Regeneration Technologies Inc.)a forest seedling nursery, is a great, stable tenant, and has a long-term lease in place ( details available with a signed NDA). There are also 2 income-producing tenant-occupied homes one on each parcel of separately titled land. The tenants at 10003 Highway 6, are also stable long-term tenants, that rent month to month. The other home ( at 10091 Highway 6) is sub-leased to PRT for staff housing. If you are looking for a great investment or a great place to live in one of the homes, and have some passive income from the exisisting leases on the rest of the land & buildings, this could be the perfect property for you! Many uses are allowed on this ALR Land, including the current use as a tree nursery, but there may be room to be creative in this great accessible, high visibilty, location. (id:2493)
Property Type:
Other
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
City of Vernon
Features:
Irregular lot size
Community Features:
Rural Setting
Building Type:
Residential Commercial Mix
Utilities:
Natural Gas - Available, Telephone - Available, Sewer - Available, Water - Available
Half Bathrooms:
0
Fireplace:
No
Heating:
Forced air, See remarks
Water:
Government Managed
Sewer:
Septic tank
Road Access:
Highway access
Current Use:
Mixed use
Acreage:
Yes
Lot Size:
12.88 acre(s)
Lot Size:
12.88 ac|10 - 50 acres
Lot Details:
12.88
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Listed by RE/MAX Vernon
Data was last updated June 23, 2024 at 05:15 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,124,000
Min list price:
$23,500
Max list price:
$13,999,000
Avg days on market:
55
Min days on market:
2
Max days on market:
264
Avg price per sq.ft.:
$220.63
These statistics are generated based on the current listing's property type and located in Vernon. Average values are derived using median calculations.
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