$3,720,000

ID# 10312993

10003 & 10091 6 Highway
Vernon, British Columbia V1B3B6

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:3942)

Virtual Tour

Courtesy of RE/MAX Vernon

Listed on: May 06, 2024

On market: 179 days

Half Bathrooms Total	0
Heating Type	Forced air, See remarks

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GREG KILMARTIN

SALES REPRESENTATIVE

Office: (250) 860-1100

greg.kilmartin@yahoo.ca

Royal LePage Kelowna

#1 – 1890 Cooper Road

Kelowna, BC V1Y 8B7

Phone: (250) 860-1100

Toll Free: (800) 421-3214

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10003 & 10091 6 Highway Vernon, British Columbia V1B3B6

10003 & 10091 6 Highway
Vernon, British Columbia V1B3B6