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4610/4621 29/31 Street, Vernon, British Columbia, V1T 5C2

MLS® # 10326120
Commercial For Sale In Vernon, British Columbia
$1,499,900
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
4610/4621 29/31 Street, Vernon, BC
  • Advertising

MULTIMEDIA

ACTIVE
4610/4621 29/31 Street, Vernon, British Columbia, V1T 5C2
$1,499,900

Property Information:

Discover the perfect investment opportunity with this exceptional .68-acre property located in the heart of Vernon’s rapidly developing North End. New zoning could allow this parcel of land to support a mixed-use commercial & residential development, with potential for an 8 Story 126 unit building, making it ideal for those looking to capitalize on the anticipated growth in this vibrant community. This Prime Location is Situated in one of Vernon’s most sought-after development areas, surrounded by easy access to amenities, on transit routes, with high visibility & is perfect for attracting both residents & businesses. Currently zoned light industrial the recent zoning changes have opened the door to exciting possibilities! The property can accommodate a blend of commercial units and residential living, ideal for modern urban lifestyles & ensuring maximum return on investment. Vernon is on the rise! With new infrastructure, community amenities, and a growing population. Whether you envision a mixed-use development, vibrant retail space, or stylish residential units, this property offers the canvas for your next successful project, now is the time to invest in a property that promises significant appreciation potential. Enjoy income from the successful existing seacan storage business while you strive toward maximize this potential. Contact John today for more details and to arrange a viewing. Don’t miss out on the potential this property holds—invest in the future of Vernon! (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Other

Property Features:

  • Property Type: Industrial
  • Current Use: Industrial
  • Zoning Type: Unknown

Courtesy of: RE/MAX Vernon

REALTOR.ca  

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Market Price Trends

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Location of 4610/4621 29/31 Street, Vernon, British Columbia, V1T 5C2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

26 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

Projected Heat Risk: Moderate

26 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 4610/4621 29/31 Street , experiences 7 hot days per year at around 32.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 36.6 degrees Celsius.

Projected Avg. Temperature

Past
32.8℃
2050
36.6℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

32/100

Moderate-Low

ClimateCheck®

Current data

This property, 4610/4621 29/31 Street , experiences 12 significant 2-day storms per year, with about 172.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 192.6mm of precipitation per year.

Precipitation Per Storm

Past
172.3mm
2050
192.6mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 4610/4621 29/31 Street, Vernon, British Columbia, V1T 5C2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,397.72

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.47 %

High school certificate or equivalent

33.31 %

Apprenticeship trade certificate/diploma

9.62 %

College/non-university certificate

21.93 %

University certificate (below bachelor)

0.37 %

University Degree

10.3 %

Commuter

Travel To Work

By Car

76.11 %

By Public Transit

1.07 %

By Walking

15.92 %

By Bicycle

1.07 %

By Other Methods

5.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.07 %

Houses

39.93 %

Own Vs. Rent

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