10/09/2026
NEW LISTING | Medical Office Investment in Central Vernon
Opportunity to purchase a multi-tenant medical office building in central Vernon, anchored by an established medical and health services tenant mix. Main and second floors are fully occupied by four medical and health services tenants in suites of approximately 1,450 to 1,500 SF each. Tenant mix includes a family doctors office, a dental practice, a physiotherapy and RMT clinic, and a laser and esthetics clinic. Tenant units have been recently renovated, with functional layouts and modern finishes.
Newly completed basement suite of approximately 1,100 SF, inclusive of offices, washroom and kitchen, ready for lease. Elevator and stair access to the second floor and basement, with wheelchair accessibility. 18 stalls including a large customer lot at the front and designated tenant parking at the rear. In place rents sit below current market for professional and medical space, providing meaningful upside on renewal. Contractual base rent steps built into all four in place leases.
Well maintained, with parking lot improvements and a new rooftop unit. Strategically located between the 27th Street and Highway 97 corridors, Vernon’s two busiest routes, with strong traffic exposure and demographics. OCP designation of Mixed Use High Density Commercial and Residential supports medium scale redevelopment and long term value appreciation.
Offered at $1,725,000
3607 31st Street, Vernon, BC
10,923 SF | 4.90% Cap Rate
MLS # 10402784
Proudly Presented by Will Pigott
Personal Real Estate Corporation
Unison HM Commercial Realty
(250) 575-2943 | [email protected]
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