10003 & 10091 6 Highway

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:58101)

Property Information

Property Type
Residential
SqUARE FOOTAGE
0
 sqft
Structure Type
Residential Commercial Mix
LAND SIZE
12.88 acres
Roof Type
Lot
Irregular lot size
SEWER Type
Septic tank
Parking Spots
0
Floor Type
stories

More Information

Security
View
Parking
Exterior
Community
Rural Setting
Common inTEREST
Freehold
Listing Key
26870152
MLS ID
10312993
Listing Office
RE/MAX Vernon
Listing Office Key
47783
0
Beds
0
Baths
$
3720000

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Contact

Frank Buckland

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