New lease for old building
Josh Winquist - Jan 09 - Biz Releases

Image: Cushman and Wakefield

It has been a big vacant hole in the heart of downtown Vernon for the past several years, but plans are in the works to revive the old Liquidation World building.

The building at 3301 30th Avenue was purchased under a court-ordered sale in the fall of 2016 by an investor in Kamloops.

“They have a development in Kamloops and they wanted something here,” said Ken McCluskey, the Royal LePage leasing agent for the building.

The vacant space will be transformed into six separate commercial units. An artist rendering of the project shows several storefronts with a brick exterior.

McCluskey can’t say who, but they already have at least one interested tenant. “We tentatively have under contract one government tenant … on the easterly end of the building.”

McCluskey said he is already seeing interest from potential clients for the other units.

Work is expected to begin in February or March with units ready for occupancy — tentatively — in August.

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