For Sale · Industrial

5201 26 Street, Vernon

5201 26 Street, Vernon, BC V1T8G4

$2.2M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

93%

Lot Size

0.29 ac

Clear height

29 ft

Loading docks

6

About this property

Currently running a 9.4% CAP! Prime commercial opportunity in a highly visible location at the north end of Vernon, right on one of the city’s main commercial routes. This property offers exceptional exposure and easy accessibility, making it ideal for a wide range of businesses. The building features a spacious main floor layout with a massive warehouse area, perfectly suited for storage, distribution, or light industrial use. In addition, the property includes retail spaces on the main level, providing the flexibility to operate a storefront, showroom, or customer-facing business alongside warehouse operations. A rare chance to secure a versatile commercial property in a strategic, high-traffic location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.19M
Down payment30% · $659K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$98K

Annual cash flow

$-23K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

117,922

Households

46,254

Median income

$83,000

Median age

43.9

Daytime population

158,944

5-yr growth

3.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5201 26 Street, Vernon.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.