908 sqft
Central Air Conditioning
Forced Air
$619,000
Outstanding redevelopment opportunity in Vernon’s downtown-adjacent area. This property is zoned CMUB (Commercial Mixed Use: Business), allowing for a wide variety of uses including multi-unit housing, mixed-use residential, office, retail, food and beverage, health services, and more. Notably, the zoning permits Small Scale Multi-Unit Housing on lots under 1,000 m² in this area, providing added flexibility for residential development. With density up to 3.5 FAR and height permitted to 6 storeys, the site offers excellent potential for a medium-scale mixed-use or residential project. The existing structure, approximately 842 sq ft on the main level with 2 bedrooms, 1 bathroom, and a kitchen, is currently used as office space. A full unfinished basement (764 sq ft) provides additional storage, offering holding income or interim usability while development plans are advanced. Positioned in a high-visibility location close to Vernon’s downtown core, this property is ideally situated to take advantage of the city’s ongoing growth and revitalization. A rare chance to secure a commercially zoned site with strong development upside. Note: Business occupying the property is not for sale. (id:66696)
Property Details
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MLS® Number
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10382807 |
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Property Type
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Other |
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Neigbourhood
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City of Vernon |
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Parking Space Total
|
6 |
Building
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Cooling Type
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Central Air Conditioning |
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Heating Type
|
Forced Air |
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Size Interior
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908 Sqft |
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Type
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Residential Commercial Mix |
Parking
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Additional Parking
|
|
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Street
|
|
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Other
|
|
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Rear
|
|
|
R V
|
|
Land
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Acreage
|
No |
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Current Use
|
Mixed Use |
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Size Irregular
|
0.1 |
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Size Total
|
0.1 Ac|under 1 Acre |
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Size Total Text
|
0.1 Ac|under 1 Acre |