219 Vermillion Avenue. Princeton, British Columbia V0X1W0
Description
Opportunity to obtain an extensively renovated multi-tenanted mixed-use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units were upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price, with a solid tenant mix, makes this a smart investment for the future. (id:6289)
219 Vermillion Avenue - Subdivision Statistics
| Avg. asking price | $609,462 |
| Price per sq. ft. | $246 |
| Median price | $499,000 |
| Number of homes for sale in Princeton | 59 |
| Number of homes for sale in Princeton | 99 |
| Avg. Days on Market | N/A |
Essential Information
- Listing #10367051
- Price$2,360,000
- Bathrooms0.00
- Square Footage17,132
- Acres0.30
- Year Built1961
- TypeOther
- Sub-TypeResidential Commercial Mix
Interior
- Interior FeaturesDrywall
Listing Details
- Listing OfficeRE/MAX Bob Plowright Realty
Community Information
- Address219 Vermillion Avenue
- SubdivisionPrinceton
- CityPrinceton
- ProvinceBritish Columbia
- Postal CodeV0X1W0
Exterior
- ExteriorWood
- RoofUnknown
Request a showing of 219 Vermillion Avenue, a 0 bedroom, 0.00 bathroom Residential Commercial Mix in Princeton, Princeton. Built in 1961 and approximately 17,132 square feet in size, MLS #10367051 is currently listed for $2,360,000. To schedule a property tour, contact us at KelownaHomes.ca









































