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:4069)
| Address |
10003 & 10091 6 Highway |
| List Price |
$3,720,000 |
| Property Type |
Other |
| Type of Dwelling |
Residential Commercial Mix |
| Area |
British Columbia |
| Sub-Area |
Vernon |
| Lot Size |
12.88 Sq. Ft. |
| MLS® Number |
10312993 |
| Listing Brokerage |
RE/MAX Vernon
|
| Postal Code |
V1B3B6 |
| Features |
Irregular lot size |
