Green Valley Motel sold

Green Valley Motel sold

The purchase agreement closes April 18 and details of potential redevelopment are not known

A high profile property in Vernon could be changing ownership.

A sold sign has been placed on the former Green Valley Motel at 25th Avenue and 32nd Street.

When contacted, the realtor involved indicated the sale agreement closes April 18 and he would not currently provide any details on who may be acquiring the site or the plans for the property.

The site covers 0.55 acres and the asking price was $975,000. It is zoned community commercial.

When the motel was operating, it was the focus of ongoing concerns among law enforcement and social agencies.

In June 2015, 60-day eviction notices were issued to tenants. At the time, one of the owners stated eviction was necessary because the bank had called the mortgage and the hope was the property may be easier to sell if it is vacant.