Standalone commercial office and professional building ideally located in the heart of Princeton, BC at 203 Vermilion Avenue. This well-configured property comprises approximately 1,842 SF of smaller-format offices with shared common areas, including a reception area and two washrooms, making it well suited for a range of professional and service-based users. The building offers six individual offices, with three tenants currently in place, providing immediate income with meaningful upside through lease-up of the remaining vacant offices. Alternatively, the layout allows for the property to be leased in its entirety to a single professional user, such as medical, dental, legal, or accounting. The building was previously home to a dental practice and remains well suited to similar professional uses. Strategically positioned steps from Highway 3 and centrally located within Princeton’s primary commercial corridor, the property benefits from strong visibility, accessibility, and proximity to surrounding retail, professional services, and civic amenities. Princeton continues to serve as a key regional service hub for the Similkameen Valley, supported by a diversified local economy, limited commercial inventory, and steady demand for professional office space. An excellent opportunity for owner-users or investors seeking flexible occupancy, stable income, and long-term value in a supply-constrained market. (id:4069)
Address
203 Vermilion Avenue
List Price
$370,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Princeton
Floor Area
1,842 Sq. Ft.
Lot Size
0.08 Ac.
Year Built
1989
MLS® Number
10374518
Listing Brokerage
Venture Realty Corp.
Postal Code
V0X1W0
