Sam and Annie Paquette - Paquette Real Estate Group Royal LePage Kelowna Paquette Realty
Questions? Call: (778) 721-0237
Prime development site in Vernon’s rapidly growing core. Zoned CMUB, this property supports an 8-storey mixed-use development with flexibility for commercial and multifamily uses. Its central location delivers outstanding visibility and access, making it ideal for retail, office or residential projects. A secure tenant is in place, generating $42,351.00 in annual Net Operating Income (NOI), allowing the property to function as a strategic holding asset while plans are developed. This is a rare opportunity to secure a site offering both immediate revenue and long-term development potential in one of the Okanagan’s most active growth corridors. Please do not approach the tenant or staff regarding the sale. (id:6289)
| Avg. asking price | $869,854 |
| Price per sq. ft. | $273 |
| Median price | $447,000 |
| Number of homes for sale in City of Vernon | 120 |
| Number of homes for sale in Vernon | 790 |
| Avg. Days on Market | N/A |
Level lot, Corner Site, Wheelchair access
Sprinkler System-Fire, Security guard, Smoke Detector Only,,,,,,,,,,Drywall
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