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740 Waddington Drive Unit# 11, Vernon, British Columbia, V1T 9E9

MLS® # 10340287
Commercial For Sale In Vernon, British Columbia
$640,000
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740 Waddington Drive Unit# 11, Vernon, BC
740 Waddington Drive Unit# 11, Vernon, BC
740 Waddington Drive Unit# 11, Vernon, BC
740 Waddington Drive Unit# 11, Vernon, BC

MULTIMEDIA

740 Waddington Drive Unit# 11, Vernon, British Columbia, V1T 9E9
$640,000

Property Information:

Why be tied up in a GIC when alternatively you could invest & hold a recently updated commercial real estate property with a 4.50% CAP RATE on Middleton Mountain Vernon! Great location in a very popular 12 unit commercial strata complex with 2273 sqft of space. Multiple access points from Waddington Drive and 11th Ave, including a dedicated back lane to the bay area. Plus, the light industrial zoning offers a multitude of future usage. Current lease in place until October 15, 2027 with optional dual 3-year term extensions. Call us today for more information on this next investment into your portfolio! (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Other
  • Exterior Finish: Aluminum siding, Concrete Block
  • Floor Space: 2273 sqft
  • Roof Material: Unknown
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters, Overhead Heaters
  • Heating Fuel: Electric

Property Features:

  • Property Type: Industrial
  • Access Type: Easy access
  • Built in: 1987
  • Current Use: Industrial
  • Features: Corner Site, Irregular lot size, Sloping
  • Floor Space (approx): 2273 Square Feet
  • Landscape Features:
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Vernon Salt Fowler

REALTOR.ca  

Location of 740 Waddington Drive Unit# 11, Vernon, British Columbia, V1T 9E9

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, 740 Waddington Drive Unit# 11 , experiences 7 hot days per year at around 32.7 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 36.5 degrees Celsius.

Projected Avg. Temperature

Past
32.7℃
2050
36.5℃

# 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

31/100

Moderate-Low

ClimateCheck®

Current data

This property, 740 Waddington Drive Unit# 11 , experiences 11 significant 2-day storms per year, with about 169.6mm 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 189.6mm of precipitation per year.

Precipitation Per Storm

Past
169.6mm
2050
189.6mm

48-Hour Storms Per Year

Past
11
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.

Demographic Information of 740 Waddington Drive Unit# 11, Vernon, British Columbia, V1T 9E9

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$117,320.45

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.36 %

High school certificate or equivalent

30.85 %

Apprenticeship trade certificate/diploma

15.28 %

College/non-university certificate

21.09 %

University certificate (below bachelor)

0.86 %

University Degree

19.55 %

Commuter

Travel To Work

By Car

85.71 %

By Public Transit

0.58 %

By Walking

6.37 %

By Bicycle

0.87 %

By Other Methods

6.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.82 %

Houses

77.18 %

Own Vs. Rent