Office for Sale — City of Vernon, Vernon, BC
$1,550,000
3007 35th Avenue, Vernon, BC V1T2S9
Property details
Structured details
- Annual property tax
- $23,731.08
- Structure type
- Offices
- Parcel ID (PID)
- 004-980-174
- Parking
- 15 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Other
- Cooling
- Central air conditioning
- Roof
- Other, Unknown
Listing Information
- MLS®
- 10395086
- Listed
- September 3, 2026
- Time on market
- 11 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime Vernon commercial investment opportunity featuring a long-term Province of British Columbia government tenant. Centrally located at 3007 35 Avenue, the property offers approximately 4,632 sq. ft. of rentable area with a 5-year lease commencing April 1, 2025, plus two additional 5-year renewal options. Zoned CMUB – Commercial Mixed Use: Business, allowing a broad range of commercial and mixed-use opportunities with density up to 3.5 FAR and building height up to 6 storeys. An attractive opportunity to acquire a stabilized government-tenanted asset with secure income and long-term redevelopment potential in a prime Vernon location. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,550,000 asking price.
Financing details
- Monthly debt service
- $15,045
- Cash required at close
- $335,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Vernon)
- Population
- 44,519(+11% since 2016)
- Population density
- 461.7/km²
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 17.4%
- Postsecondary below bachelor's
- 35.5%
- High school diploma
- 31.4%
- No certificate/diploma
- 15.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.7%
- Public transit
- 1.4%
- Walked
- 7.1%
- Bicycle
- 1.4%
- Other
- 2.3%
Commute duration
- Under 15 min
- 51.4%
- 15–29 min
- 29.4%
- 30–44 min
- 10.8%
- 45–59 min
- 4.4%
- 60+ min
- 4.0%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Boston Pizza · 3604 32 Street194m
- Intermezzo Restaurant195m
- Little Tex234m
- Eatology326m
- Station BBQ363m
Cafes (5+)
- Starbucks199m
- Tim Hortons377m
- Ratio Coffee and Pastry426m
- The Bean Scene · 2923 30 Avenue427m
- Triumph Coffee · 3401a 30 Avenue524m
Grocery (3)
- Simply Market549m
- FreshCo601m
- Canadian Wholesale Club693m
Shopping (5+)
- Pinnacle General Surgery Clinic464m
- Unnamed481m
- Unnamed514m
- Unnamed547m
- Fruit Union Plaza647m
Parks (5+)
- Civic Plaza165m
- Civic Plaza179m
- Civic Memorial Park · 3003 37 Avenue228m
- Transit Park307m
- Cenotaph Park358m
Gyms (3)
- MCK Athletics Training & Health · 3105 28 Street424m
- One Yoga442m
- Okanagan Health & Fitness631m
Pharmacies (1)
- Shoppers Drug Mart518m
Banks & ATMs (5+)
- TD Canada Trust164m
- VantageOne Credit Union · 3108 33 Avenue208m
- Scotiabank426m
- BMO629m
- RBC725m
Healthcare (5+)
- Unnamed359m
- Three Lakes Medical Clinic368m
- Willow Clinic386m
- Unnamed575m
- Cottonwood Clinic751m
Nearby places data: © OpenStreetMap contributors.
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All in Vernon →Frequently asked questions
What is the asking price for this business?
The asking price is $1,550,000.
Where is this business located?
This listing is located in Vernon, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.