5480 Anderson Way, Vernon, British Columbia V1T 9V2

Listed for:
$4,999,000
0 beds
0 baths
Listed 24 days ago
Other for rent: 5480 Anderson Way, Vernon, British Columbia V1T 9V2

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About

Rare opportunity to acquire a close to 2-acre, flat and fully usable Commercial Mixed Use (CMUB) development site in Vernon’s highly sought-after North Anderson commercial corridor. CMUB zoning supports a wide range of mixed-use, residential, retail, office, hotel and institutional uses with building heights up to 6 storeys (buyer to verify). The level topography minimizes development complexity and construction costs, making this an ideal site for efficient high-density development. Excellent accessibility and exposure with close proximity to national retailers, restaurants, hotels, recreation facilities and growing residential neighbourhoods, driving strong long-term demand. Large parcels of this size and zoning are increasingly scarce in this district. This area is seeing active redevelopment interest, including a recently submitted 176-unit mixed-use residential project nearby. This confirms municipal support for density and long-term growth in the Anderson Way corridor. Outstanding opportunity for developers, investors or land banking in one of Vernon’s strongest growth nodes. (id:27476)

Property Highlights

MLS® Number
10373658
Type
Vacant Land
Ownership Type
Freehold
Land Size
1.96 ac|1 - 5 acres

Building

Building Type
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Oakwyn Realty Okanagan-Letnick Estates
MLS® number:
10373658
Agent:
Zona Chang
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