219 VERMILLION Avenue,

Industrial For Sale in Princeton, British Columbia

$2,099,979
Excellent cash-flow investment with 2 commercial units and 10 brand new apartments. This building is well maintained in an excellent location with new plumbing and wiring throughout and built to last. Anchor Tenant is Fields Department Store that's been in Princeton for over 35 years with lease in place; and the 2nd commercial tenant is a complimentary new and used furniture store. Princeton has an almost 0% vacancy rate and these new apartments are in high demand, completely brand new from the inside out, all with heat and air conditioning and utilities on independent meters for each suite. 5.7% Cap Rate at asking price including a management fee for the hands-off investor. Solid investment; a diversified income with monthly revenue in the robust economy of Princeton, BC. Minimum 72 hours notice to view and pre-qualified Buyers only. (id:4069)
Address 219 VERMILLION Avenue,
List Price $2,099,979
Property Type Industrial
Type of Dwelling Other
Area British Columbia
Sub-Area Princeton
Lot Size 0.297 Sq. Ft.
MLS® Number 189814
Listing Brokerage Royal LePage Haayer Realty
Postal Code V0X1W0

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Lee Mowry

Century 21 Horizon West Realty

224 Bridge St. PO Box 880 Princeton BC V0X 1W0

Office: 250-295-1990

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