$619,000

3703 28A Street, Vernon

City of Vernon, Vernon, BC V1T5A2

908 sq ft · Single-family home

Listed by Oakwyn Realty Okanagan · Kim Heizmann

About this property

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:67417)

Property details

Price

$619,000

MLS® number

10382807

Property type

Single-family home · Residential Commercial Mix · Other

Living area

908 sq ft

Lot size

0.1 acres · 0.1

Parking spaces

6

Annual taxes

$715

Community

City of Vernon, Vernon

Features

Heating

Forced air

Cooling

Central air conditioning

Parking

Other, Rear, RV, Street, Additional Parking

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