1 of 21 - 219 Vermillion Avenue, Princeton, British Columbia
2 of 21 - 219 Vermillion Avenue, Princeton, British Columbia
3 of 21 - 219 Vermillion Avenue, Princeton, British Columbia
4 of 21 - 219 Vermillion Avenue, Princeton, British Columbia
5 of 21 - 219 Vermillion Avenue, Princeton, British Columbia
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219 Vermillion Avenue, Princeton, British Columbia

$2,360,000

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17,132

Square feet

0.30

Acres

About 219 Vermillion Avenue

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:3745)

Features of 219 Vermillion Avenue

Listing # 10367051
Price $2,360,000
Bathrooms 0.00
Square Footage 17,132
Acres 0.30
Year Built 1961
Type Other
Sub-Type Freehold

Community Information

Address 219 Vermillion Avenue
Subdivision Princeton
City Princeton
Province British Columbia
Postal Code V0X1W0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood
Roof Unknown

Additional Information

Zoning Commercial

Listing Details

OfficeRE/MAX Bob Plowright Realty

Listing Map

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