$370,000

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:64343)

Property Details

MLS® Number	10374518
Property Type	Other
Neigbourhood	Princeton
Parking Space Total	2

Building

Constructed Date	1989
Roof Material	Asphalt Shingle
Roof Style	Unknown
Size Interior	1,842 Ft2
Type	Residential Commercial Mix

Parking

Rear

Land

Acreage	No
Current Use	Mixed Use
Size Irregular	0.08
Size Total	0.08 Ac|under 1 Acre
Size Total Text	0.08 Ac|under 1 Acre

https://www.realtor.ca/real-estate/29309673/203-vermilion-avenue-princeton-princeton