Amazing potential for income production and growth! Great location, farm on ALR land just past Hillview Golf course at the eastern boundary of the City of Vernon. Current owner leases out the 2 residential homes, plus Commercial Buildings for the Nursery Business, on 12.88 acres of land (total on 2 titled parcel). The long-term tenant PRT (Pacific Regeneration Technologies Inc.)a forest seedling nursery, has leased the land and buildings since 2005 and has an ongoing lease in place till 2027, also has first right of refusal on any sale. The property currently brings in approx. $120,000 per year of gross income and has low expenses. Property taxes for both parcels are approx. $3,260 per year. ( More details available with signed NDA). Please call listing agent for showings, one week notice preferred. Buyer's agent must be present for showings or co-op commission will be reduced by 25%. (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Community Features
Rural Setting, Pets Allowed, Rentals Allowed
Farm Type
Unknown
Features
Irregular lot size
Listing Contract Date
2024-10-02
Municipal ID
012-121-843
Ownership Type
Freehold
# of Parking Spaces
7
Pool
Inground pool, Outdoor pool, Pool
Property Type
Agriculture
Property Rights
Water Rights
Transaction Type
For sale
Views
Mountain view, Valley view
Zoning
Agricultural
Building
Appliances
Refrigerator, Dishwasher, Range - Gas, Washer & Dryer
Architectural Style
Ranch
Basement Type
Full
Constructed Date
1959
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Fire Protection
Smoke Detector Only
Fireplace Present
Yes
Fireplace Type
Insert
Flooring Type
Carpeted, Hardwood, Tile
# of Half Bathrooms
1
Heating Type
Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
1
Type
Other
Utility Water
Government Managed
Rooms
Room
Level
Dimensions
Notes
Storage
Basement
5'11'' x 6'2''
Laundry room
Basement
18'5'' x 11'1''
Bedroom
Basement
12' x 13'10''
Bedroom
Basement
14'2'' x 10'3''
Bedroom
Basement
18'6'' x 14'6''
2pc Ensuite bath
Main level
2'9'' x 7'0''
Bedroom
Main level
12'1'' x 13'11''
Full bathroom
Main level
9'2'' x 9'6''
Primary Bedroom
Main level
12'6'' x 11'8''
Foyer
Main level
5'11'' x 9'4''
Kitchen
Main level
14'8'' x 12'6''
Living room
Main level
24'10'' x 15'3''
Parking Spaces
Name
Spaces
See Remarks
Detached Garage
2
Utilities
Type
Description
Natural Gas
Available
Telephone
Available
Sewer
Available
Water
Available
Land
Total Size
12.88 acres
Access Type
Highway access
Acreage
Yes
Sewer
Septic tank
Size of Irregular Land
12.88
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