kelownapropertysearch.ca Search Results

$2,990,000

1.25 acre commercial property in the highly sought after Anderson Subdivision . New CMUB zoning allowing for Hybrid commercial / Residential Mixed Usage up to 6-Storeys in height with surface parking. Neighboring businesses include Home Depot, City Furniture, Starbucks, Four Point hotel. Ideal location close to Kal Tire Place and the new Pool and fitness Centre. Existing Pre Load on site may be of use to new owner. Fully Serviced Site with rear highway exposure. Phase One environmental report has been completed. (id:5764)

10394824 MLS® #

1.25 acre commercial property in the highly sought after Anderson Subdivision . New CMUB zoning allowing for Hybrid commercial / Residential Mixed Usage up to 6-Storeys in height with surface parking. Neighboring businesses include Home Depot, City Furniture, Starbucks, Four Point hotel. Ideal location close to Kal Tire Place and the new Pool and fitness Centre. Existing Pre Load on site may be of use to new owner. Fully Serviced Site with rear highway exposure. Phase One environmental report has been completed. (id:5764)

5540 Anderson Way, Vernon

Listing courtesy of Coldwell Banker Executives Realty.

$8,411,300

Offered for the first time in over a generation, this landmark downtown Vernon property is far more than a commercial investment—it is an offering to steward one of the city’s most enduring legacy assets. Originally constructed in 1959 as the home of Vernon's premier Eaton’s department store, the building quickly became a defining anchor of the downtown core, and the beginning of a story that has shaped the city’s commercial landscape for more than six decades. Occupying nearly one acre of prime downtown real estate, the property is improved with a meticulously maintained mixed-use building comprising 36,000+ square feet of leasable area and an exceptional 51 on-site parking stalls, plus street parking—a rarity in the urban core. The site benefits from Mixed Use – High Density Commercial & Residential designation under the Official Community Plan. Today, the asset is anchored by Nature's Fare Markets, the flagship Vernon location of the respected Pattison Food Group banner, providing the security and stability associated with a premier AAA covenant tenant. Carefully stewarded through decades of ownership, benefited from ongoing capital improvements and professional management, preserving both its architectural character and its institutional-quality investment profile. A rare opportunity to acquire one of Vernon’s most recognizable commercial holdings—an irreplaceable legacy asset poised to serve the community for generations to come. This is a once-in-a-generation offering. (id:5764)

10394356 MLS® #

Offered for the first time in over a generation, this landmark downtown Vernon property is far more than a commercial investment—it is an offering to steward one of the city’s most enduring legacy assets. Originally constructed in 1959 as the home of Vernon's premier Eaton’s department store, the building quickly became a defining anchor of the downtown core, and the beginning of a story that has shaped the city’s commercial landscape for more than six decades. Occupying nearly one acre of prime downtown real estate, the property is improved with a meticulously maintained mixed-use building comprising 36,000+ square feet of leasable area and an exceptional 51 on-site parking stalls, plus street parking—a rarity in the urban core. The site benefits from Mixed Use – High Density Commercial & Residential designation under the Official Community Plan. Today, the asset is anchored by Nature's Fare Markets, the flagship Vernon location of the respected Pattison Food Group banner, providing the security and stability associated with a premier AAA covenant tenant. Carefully stewarded through decades of ownership, benefited from ongoing capital improvements and professional management, preserving both its architectural character and its institutional-quality investment profile. A rare opportunity to acquire one of Vernon’s most recognizable commercial holdings—an irreplaceable legacy asset poised to serve the community for generations to come. This is a once-in-a-generation offering. (id:5764)

3400 30 Avenue, Vernon

Listing courtesy of Engel & Volkers Okanagan.

$5,790,000

Exceptional investment opportunity featuring one of the North Okanagan's premier commercial gateway properties. Strategically positioned along the Hwy 97 corridor with over 40,000 vehicles passing daily (Ministry of Transportation), the property enjoys exceptional visibility from southbound Hwy 97, where unobstructed sightlines provide motorists with an elevated view for several hundred meters before the Highland Road access. This landmark location combines outstanding exposure, excellent accessibility and long established regional recognition. The property is improved with approximately 24,919 sq. ft. of retail, office, warehouse, cold storage on a fully developed commercial site provides exceptional flexibility for investors owner operators or future redevelopment , subject to applicable approvals. Currently under a triple net lease generating approximately $331,000 in annual base rent, the property offers dependable income while allowing purchasers to evaluate investment performance using their own underwriting assumptions. Extensive recent capital improvement incudes a metal roof (2022) three rooftop HVAC units (2025) LED lighting, automatic entry doors, commercial kitchen exhaust and fire suppression, data rewiring, parking and security fencing. Regional community sewer is underway along the Hwy 97 corridor. Adjacent property with 2.3 acres may be willing to sell too. (id:5764)

10380845 MLS® #

Exceptional investment opportunity featuring one of the North Okanagan's premier commercial gateway properties. Strategically positioned along the Hwy 97 corridor with over 40,000 vehicles passing daily (Ministry of Transportation), the property enjoys exceptional visibility from southbound Hwy 97, where unobstructed sightlines provide motorists with an elevated view for several hundred meters before the Highland Road access. This landmark location combines outstanding exposure, excellent accessibility and long established regional recognition. The property is improved with approximately 24,919 sq. ft. of retail, office, warehouse, cold storage on a fully developed commercial site provides exceptional flexibility for investors owner operators or future redevelopment , subject to applicable approvals. Currently under a triple net lease generating approximately $331,000 in annual base rent, the property offers dependable income while allowing purchasers to evaluate investment performance using their own underwriting assumptions. Extensive recent capital improvement incudes a metal roof (2022) three rooftop HVAC units (2025) LED lighting, automatic entry doors, commercial kitchen exhaust and fire suppression, data rewiring, parking and security fencing. Regional community sewer is underway along the Hwy 97 corridor. Adjacent property with 2.3 acres may be willing to sell too. (id:5764)

7920/7912 Highland Road, Vernon

Listing courtesy of RE/MAX Vernon.

$699,000

Modern well looked after building and complex in Vernons bust North End. Lots of exposure and signage. This 1992 sq ft main level comes with 5 designated parking spots. Kitchen and bathroom with storage at back. Currently there is a demising wall that can be removed if needed. Tenancy in place currently but tenant has vacated so can be occupied any time. Building also for lease and could have an option to purchase moving forward. (id:5764)

10382752 MLS® #

Modern well looked after building and complex in Vernons bust North End. Lots of exposure and signage. This 1992 sq ft main level comes with 5 designated parking spots. Kitchen and bathroom with storage at back. Currently there is a demising wall that can be removed if needed. Tenancy in place currently but tenant has vacated so can be occupied any time. Building also for lease and could have an option to purchase moving forward. (id:5764)

2500 53 Avenue Unit 102, Vernon

Listing courtesy of Coldwell Banker Executives Realty.

$1,699,900

Positioned on a high-exposure corner in downtown Vernon’s city center, 3301 Coldstream Avenue offers a solid investment opportunity with multiple commercial and office tenants providing strong income. This two-storey concrete block building has seen extensive upgrades in recent years, including improvements to the electrical, HVAC, insulation, flooring, paint, signage, security system, and more. The property features separate hydro meters for each unit and 600-amp 3-phase power, making it well suited for a variety of commercial uses. With flexible CMUC mixed-use zoning and a central downtown location, this property offers both reliable income today and excellent long-term potential for future redevelopment or repositioning. (id:5764)

10371807 MLS® #

Positioned on a high-exposure corner in downtown Vernon’s city center, 3301 Coldstream Avenue offers a solid investment opportunity with multiple commercial and office tenants providing strong income. This two-storey concrete block building has seen extensive upgrades in recent years, including improvements to the electrical, HVAC, insulation, flooring, paint, signage, security system, and more. The property features separate hydro meters for each unit and 600-amp 3-phase power, making it well suited for a variety of commercial uses. With flexible CMUC mixed-use zoning and a central downtown location, this property offers both reliable income today and excellent long-term potential for future redevelopment or repositioning. (id:5764)

3301 Coldstream Avenue, Vernon

Listing courtesy of RE/MAX Vernon.