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Prime downtown Vernon commercial building with exceptional redevelopment potential. Situated on a high-exposure corner site, this mixed-use property offers approximately 7,973 sq ft of building area. Zoned CMUC – Commercial Mixed Use Centre, the property allows for a wide range of commercial, residential, and mixed-use developments, supporting high-density construction of up to approximately 16 storeys with a maximum density of 5.0 FAR. This designation supports large-scale development and positions the property as a strategic redevelopment site. The existing building features a main floor commercial space along with two residential units above, including a 1-bedroom, 1-bath suite and a 2-bedroom, 1-bath suite, providing additional income potential. Rooftop access and patio space further enhance the property's versatility. The property is currently operating as an established nightclub, with the opportunity to acquire the business in conjunction with the real estate. The combined offering is available at $3,000,000. (See separate business listing MLS# 10381962 for details.) Located in the heart of Vernon’s downtown with strong visibility, pedestrian exposure, and proximity to key amenities, this property offers investors and developers a rare opportunity to secure a high-density redevelopment site.
Highlights
- Main-floor commercial space with two residential suites above: a 1-bedroom, 1-bath and a 2-bedroom, 1-bath, per the listing.
- Zoned CMUC (Commercial Mixed Use Centre), which the listing says allows up to about 16 storeys and a maximum density of 5.0 FAR.
- Corner site in downtown Vernon, 100 m from the town centre and 740 m from Vernon Jubilee Hospital, per the listing.
- Established nightclub business is offered with the property, with details in separate MLS® 10381962, per the listing.
- Rooftop access and patio space are included, per the listing.
Things to check
- Ask for the actual building measurements, since the details show 6,520 sq ft and the description mentions about 7,973 sq ft of building area.
- Confirm the current permitted uses and zoning details for the residential suites with the City of Vernon.
- Ask about the roof, as the listing shows only 'Other' and does not give its age.
- If you plan to buy the business, review its terms and financial records through MLS® 10381962.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Local secret: Swan Lake is a wildlife management area on a major migration corridor, where more than 200 bird species occur. What it’s like to live in Vernon →
Overall neighbourhood score 8.6 / 10; walk & bike score 7.8 / 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.
- Grocery storeCanadian Wholesale Club · 0.6 km7 min there, 8 min homeMostly flat · 0% tree shade
- CoffeeThe Bean Scene · 0.1 km2 min each wayMostly flat
- Elementary schoolBeairsto Elementary School · 0.4 kmSchool walk check: Footpaths, sidewalks or quiet streets for about 59% of the walk · 2 main-road crossings: 30 Avenue (marked crosswalk), 32 Avenue (marked crosswalk)5 min each wayMostly flat · 0% tree shade
- Park or playgroundJustice Park · 0.2 km3 min each wayMostly flat
- Beach / lake accessKal Beach · 3.9 km48 min there, 47 min home55 m uphill on the way there · 19% tree shade
- DowntownDowntown Vernon · 0.7 km9 min each way10 m uphill on the way there · 8% tree shade
- Rail trailOkanagan Rail Trail · 3.9 km48 min each way70 m uphill on the way there · 18% tree shade
- HospitalVernon Jubilee Hospital · 1.1 km14 min there, 13 min home30 m uphill on the way there · 6% tree shade
- GolfVernon Golf Club · 1.8 km22 min each way25 m uphill on the way there · 11% tree shade
- Grocery storeCanadian Wholesale Club · 0.6 km4 min each way10 m uphill coming home · 0% tree shade
- CoffeeThe Bean Scene · 0.1 km2 min each wayMostly flat
- Elementary schoolBeairsto Elementary School · 0.4 km3 min there, 2 min homeMostly flat · 0% tree shade
- Park or playgroundCenotaph Park · 0.3 km2 min each wayMostly flat
- Beach / lake accessKal Beach · 3.9 km18 min there, 17 min home50 m uphill on the way there · 20% tree shade
- DowntownDowntown Vernon · 0.8 km5 min there, 4 min home10 m uphill on the way there · 0% tree shade
- Rail trailOkanagan Rail Trail · 3.9 km19 min there, 17 min home70 m uphill on the way there · 19% tree shade
- HospitalVernon Jubilee Hospital · 1.1 km8 min there, 5 min home30 m uphill on the way there · 2% tree shade
- GolfVernon Golf Club · 1.8 km9 min there, 8 min home25 m uphill on the way there · 10% tree shade
- Grocery storeFreshCo · 0.8 km3 min each way10 m uphill coming home · 0% tree shade
- CoffeeThe Bean Scene · 0.1 km2 min each wayMostly flat
- Elementary schoolBeairsto Elementary School · 0.4 km2 min each wayMostly flat · 0% tree shade
- Park or playgroundCenotaph Park · 0.3 km2 min each wayMostly flat
- Beach / lake accessKal Beach · 3.9 km12 min there, 11 min home55 m uphill on the way there · 18% tree shade
- DowntownDowntown Vernon · 0.8 km3 min each way10 m uphill on the way there · 0% tree shade
- Rail trailOkanagan Rail Trail · 3.9 km12 min each way70 m uphill on the way there · 18% tree shade
- HospitalVernon Jubilee Hospital · 1.1 km5 min there, 4 min home30 m uphill on the way there · 2% tree shade
- GolfVernon Golf Club · 1.8 km6 min each way25 m uphill on the way there · 10% tree shade
Sean Phillips’s own estimate, not part of the MLS® listing. Real routes on public map paths and roads, with the hills counted both ways, to the quickest-to-reach place of each kind. Times are averages for a relaxed pace; please check anything that matters to you. Map data © OpenStreetMap contributors. How HillSmart ratings work →
- Price
- $3,000,000
- MLS® number
- 10381922
- Property type
- Single-family home
- Living area
- 6,520 sq ft
- Lot size
- 0.17 acres
- Frontage
- 100 feet
- Community
- City of Vernon, Vernon
- Heating
- Forced air
- Exterior
- Stucco
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Listing information is provided by Coldwell Banker Executives Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.