RETAIL/OFFICE UNIT FOR SALE IN THE HUB IN THE HEART OF DOWNTOWN VERNON

Vernon , BC V1T 0B3

Vernon
FOR SALE
Property Type:
Street Retail
Amount:
$349,000
Cap Rate:
0.00%
Last Verified:
Jan 10, 2024

Approximately 1,005 SF of retail/office space in the HUB, one of Vernon’s newer mixed-use complexes in the downtown core. Bright & open commercial space with glass windows and door facing 28th Avenue. High profile, complex location adjacent to the complex’s main entrance. Shared washrooms in the common area of the complex. Lots of customer parking available. Flexible C8 - Central Business District zoning allows for numerous possible uses. Centrally located in the downtown core in proximity to restaurants, coffee shops, boutique shops and near public transportation.

Map of Vernon , BC, V1T 0B3, CA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.