1961 Vernon Street, Lumby, British Columbia

$730,000

Previous Next

1,300

Square feet

0.21

Acres

About 1961 Vernon Street

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:6289)

Features of 1961 Vernon Street

Listing # 10364385
Price $730,000
Bathrooms 0.00
Square Footage 1,300
Acres 0.21
Year Built 1901
Type Other
Sub-Type Freehold

Community Information

Address 1961 Vernon Street
Subdivision Lumby Valley
City Lumby
Province British Columbia
Postal Code V0E2G0

Amenities

Parking Spaces 8
Parking Rear
Is Waterfront No
Has Pool No

Interior

Heating Forced air
Fireplace No
Has Basement No

Exterior

Roof Metal

Additional Information

Zoning Unknown

Listing Details

OfficeFair Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR®. Member of CREA and more.

Listing information last updated on October 14th, 2025 at 9:16am PDT.