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10003 & 10091 6 Highway Vernon, British Columbia V1B 3B6

Forced Air, See Remarks Acreage

$3,720,000

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:6770)

Property Details

MLS® Number 10312993
Property Type Other
Neigbourhood City of Vernon
Community Features Rural Setting
Features Irregular Lot Size

Building

Heating Type Forced Air, See Remarks
Type Residential Commercial Mix
Utility Water Government Managed

Land

Access Type Highway Access
Acreage Yes
Current Use Mixed Use
Sewer Septic Tank
Size Irregular 12.88
Size Total 12.88 Ac|10 - 50 Acres
Size Total Text 12.88 Ac|10 - 50 Acres
Zoning Type Unknown

Utilities

Natural Gas Available
Telephone Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/26870152/10003-10091-6-highway-vernon-city-of-vernon

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