Property Info
Property Description
7851 Highway 97 offers a rare blend of rustic charm and modern functionality. Formerly a retail country store, this 5,594 SF building combines small-town character with the flexibility needed for retail, service commercial, or showroom-based businesses seeking strong exposure along Highway 97.
*From an investment standpoint, the property reflects an estimated $1,500,000 value based on a 6% capitalization rate which reflects market rents supported by a recent appraisal. This does not account for the leasability of the additional covered area and unpaved yard space. This presents a compelling opportunity for investors or owner-occupiers seeking long-term holding potential along a primary commercial corridor.
The building features a 4,024 SF open main floor, 1,570 SF mezzanine, and 2,360 SF covered area ideal for storage or display. Situated on 0.7 acres with 26 surface parking stalls and C-2 zoning, the site supports a wide range of commercial uses in a high-visibility Vernon location.
- Transaction Type: For Sale
- Property Type: Mixed Use
- MLS ID: 10367574
- Zoning: C-2
- Size (approx.): 0.7 acres
- Asking Price: $1,495,000
- Property Taxes: $14,091.04
- Investment Metrics: ~6% capitalization rate* | ~$1.5M supported value
- Building Area: Main floor = 4,024 SF | Mezz = 1,570 SF | TOTAL SF = 5,594 SF | Covered Area = 2,360 SF
