Amazing potential for income production and growth! Great location just past Hillview Golf course at the eastern boundary of the City of Vernon. Current owner leases out the 2 residential homes, plus Commercial Buildings for the Nursery Business, on 12.88 acres of land (total on 2 titled parcel). The long-term tenant PRT (Pacific Regeneration Technologies Inc.)a forest seedling nursery, has leased the land and buildings since 2005 and has an ongoing lease in place till 2027, also has first right of refusal on any sale. The property currently brings in approx. $120,000 per year of gross income and has low expenses. Property taxes for both parcels are approx. $3,260 per year. ( More details available with signed NDA). Please call listing agent for showings, one week notice preferred. Buyer's agent must be present for showings or co-op commission will be reduced by 25%. (id:2493)
Property Type:
Other
Common Interest:
Freehold
Zoning:
Agricultural
Taxes:
$3,257.86 /
-
Community:
Mun of Coldstream
Community Features:
Rural Setting
Structure Type:
Residential Commercial Mix
Utilities:
Water, Sewer, Natural Gas, Telephone
Half Bathrooms:
0
Fireplace:
No
Heating:
Forced air, See remarks
Water:
Government Managed
Sewer:
Septic tank
Current Use:
Mixed use
Lot Size:
12.88 acre(s)5.21 hectare(s)
Lot Details:
12.88
Lot Features:
Irregular lot size
aerial view of 12.88 acre nursery/farm
House #1
Farm Buildings Leased to PRT
House #2
great location near Vernon on Hwy 6
buildings and land are leased to PRT Nursery
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Residential House #1
Main Floor - House #1
Basement Floor House #1
House #1 w/det.double garage
Inside garage
Lots of flat parking space for RV's, boats, and extra vehicles.
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