This listing is under contract.

INDUSTRIAL STRATA UNIT FOR SALE OR LEASE

1A 4313 25TH Avenue Vernon , BC V1T 1P5

1A 4313 25TH Avenue , Vernon , BC, V1T 1P5, CA
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UNDER CONTRACT FOR SALE FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Oct 05, 2023

Functional industrial strata unit for sale or lease. Located on busy 25th Avenue in a well-established commercial/service commercial area in Vernon, BC. Strata unit is a 2,454 SF end-cap prefect for an industrial investor or an owner-occupier. Unit includes a showroom/retail area with large windows to the front of the unit, 2 offices, washroom, and warehouse space to the back. Exclusive, grade level overhead door to the rear of the unit from the fully fenced, secure rear yard. Yard space is shared with the other units in the complex. Ample staff and customer parking at the front of the unit, with access directly from 25th Ave. Occupied until the end of August 2023 with the tenant going month-to-month after.

Map of 1A 4313 25TH Avenue , Vernon , BC, V1T 1P5, 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
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.