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Picked for a similar area, home type, price, bedrooms and size.
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.
Highlights
- Per the listing, the two-storey building has multiple commercial and office tenants providing income.
- Per the listing, separate hydro meters serve each unit, with 600-amp 3-phase power.
- The property is zoned Commercial Mixed Use: Centre (CMUC), with future land use Urban Centre: Primary.
- The property is not in a flood or wildfire hazard permit area, per City of Vernon map facts.
- Vernon town centre is about 510 m away, and Vernon Jubilee Hospital is about 710 m away.
Things to check
- Ask for current leases and rent rolls to confirm the tenant income and terms described in the listing.
- Ask what type of roof this building has and when it was last replaced, since the listing only says Other.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
- Ask the City which uses are permitted under CMUC zoning for your intended plans.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Did you know?: Greater Vernon was officially recognized as the Trails Capital of BC in 2023. Living in Vernon: questions newcomers ask →
Overall neighbourhood score 8.5 / 10; walk & bike score 7.6 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Price
- $1,699,900
- MLS® number
- 10371807
- Property type
- Commercial
- Ownership
- Freehold
- Living area
- 8,804 sq ft
- Frontage
- 100 feet
- Year built
- 1975
- Annual taxes
- $24,076
- Community
- City of Vernon, Vernon
- Cooling
- Central air conditioning
- Parking
- Street
- Exterior
- Stucco
- Lot features
- Level lot, Corner Site
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Parking details
- Street
From the City of Vernon’s public maps, checked October 26, 2026. Not part of the MLS® listing. Please confirm anything important with the City.
- 2810 35 ST: To facilitate development (site restoration) proposed within a Riparian Assessment Area. To replant 3 deciduous trees within the Riparian setback. Application
- 3003 28 AVE: This application is for a form and character Development Permit for a 32-unit, six-storey social housing development that would be owned and operated by the Canadian Mental Health Association. Application
- 3003 28 AVE: This application seeks to vary the following sections of Zoning Bylaw 6000 for a six-storey, 32-unit social housing development owned and operated by the Canadian Mental Health Association: - Building Setback (CMUC Zone, Sec. 11.3.5): Reduce the setback from 28th Ave from 1m to 0.2m for Levels 2 through 6. - Landscape Buffers (Table 6.1): Reduce the required 1.5m-wide buffer along the lane to 0m, except for a 2.6m-long planter. - Landscape Buffers (Table 6.1): Reduce the required 1.5m-wide buffer along the street to 0m, except for a 6.89m-long planter. Application
- 3300 31 AVE: A Development Permit for the form and character of a 6 storey mixed-use building in the CMUC Zone, DP Area #1 - City Centre. Variances to reduce commercial parking and reduce setback along the lane. Application
A nearby fire hall matters for home insurance and emergencies; firefighters are often first on scene for medical calls too.
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Listing information is provided by RE/MAX Vernon through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.