7851 97 Highway16 photos
Neighbourhood score7.3 / 10Walk & bike1.7 / 10Nearest lake200 mGolf4.5 kmWhich schools?Check address →
On the market181 days
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**LIMITED TIME OFFERING** Previously listed at $1,495,000; now offered at $1,350,000. PRICED TO SELL. Formerly a retail country goods store, 7851 Highway 97 blends rustic character and small-town appeal while offering the functionality needed for modern service commercial or retail businesses. This unique property offers 5,594 SF, including 4,024 SF on the main floor and a 1,570 SF mezzanine with an additional 2,360 SF covered section ideal for storage, outdoor display or weather-protected operations. Inside the building is an open retail area featuring two bathrooms, three change rooms and plenty of storage space, providing flexibility for a variety of layouts and uses. The site plan outlines unpaved parking for 26 vehicles, offering ample parking or yard space. The building features approximately 19' clear to the ceiling and 10' clear to the mezzanine, is equipped with 200 AMP 3 phase power and is serviced by a well water system. Zoned C-2 (Highway Commercial), this property allows for a broad range of uses including retail, service commercial, office and light industrial. This is an excellent opportunity for owner-operators seeking high exposure along Highway 97 at a tremendous value of $241 PSF OR for investors with $1.5M in supported value based on a 6% capitalization rate with market rents achieved. This presents an opportunity to establish or grow your business in one of the area’s fastest growing areas in the North Okanagan.

Highlights

  • The building totals about 5,594 sq ft, including 4,024 sq ft on the main floor and a 1,570 sq ft mezzanine, per the listing.
  • The property is zoned C-2 (Highway Commercial), which allows retail, service commercial, office and light industrial uses.
  • Parking is unpaved for 26 vehicles, and a 2,360 sq ft covered section is available for storage or weather-protected operations.
  • The listing describes 200 AMP 3-phase power and a well water system.
  • Swan Lake is about 200 m away, and Vernon town centre is about 7.5 km away.

Things to check

  • Confirm with the City of Vernon that your intended business is a permitted use under C-2 zoning.
  • Ask for the actual property tax amount before deciding.
  • Ask for recent well water test results and details on the well system's age and maintenance.
  • Ask for the year built and the ages of the roof and heating system.

Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.

Cartoon of Eddie the Eagle

Did you know?: Kalamalka Lake, one of Vernon’s main water sources, is hard water, so many Vernon homeowners use a water softener. Vernon area questions, answered →

Video · VernonVernon Real Estate Market Update: September 2026 NumbersSean's latest look at Vernon home prices and what's selling. Watch with notes →

Video · VernonVernon Real Estate Market Update: September 2026 NumbersSean's latest look at Vernon home prices and what's selling. Watch with notes →
10.0
Lakes & beachesSwan Lake
200 m
1.0
Parks & trailsSilver Star Park
7.6 km
7.1
Shops & servicesTown centre: Vernon
7.5 km
9.5
HospitalVernon Jubilee Hospital
8.3 km
7.6
Rec centreGreater Vernon Multiplex
6.5 km
8.3
SchoolsVernon Christian School (independent)
2.2 km
GolfSpallumcheen Golf & Country Club
4.5 km
Ski hillSilverStar Mountain Resort
13.5 km

Overall neighbourhood score 7.3 / 10; walk & bike score 1.7 / 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 storeButcher Boys · 6.2 km
    1 hr 16 min there, 1 hr 14 min home80 m uphill on the way there · 7% tree shade
  • CoffeeTim Hortons · 5.8 km
    1 hr 9 min there, 1 hr 10 min home55 m uphill coming home · 5% tree shade
  • Elementary schoolHarwood Elementary School · 6.8 kmSchool walk check: Much of the walk is along main roads; check for sidewalks · no main-road crossings
    1 hr 23 min there, 1 hr 22 min home70 m uphill on the way there · 7% tree shade
  • Park or playgroundPlayground · 3.1 km
    38 min each way50 m uphill on the way there · 41% tree shade
  • Beach / lake accessKal Beach · 12.3 km
    Over 2 hours on foot
  • DowntownDowntown Vernon · 8.4 km
    1 hr 41 min there, 1 hr 42 min home80 m uphill coming home · 2% tree shade
  • Rail trailOkanagan Rail Trail · 12.2 km
    Over 2 hours on foot
  • HospitalVernon Jubilee Hospital · 9.7 km
    1 hr 57 min each way100 m uphill on the way there · 1% tree shade
  • GolfVernon Golf Club · 10.2 km
    Over 2 hours on foot

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
$1,350,000
MLS® number
10384387
Property type
Single-family home
Community
City of Vernon, Vernon
Thinking of buying? Make sure you can sell first.How subject-to-sale offers work, and how to get pre-approved so you know your budget.Learn how →Get pre-approved →

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Listing information is provided by Venture Realty Corp. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.

$1,350,0007851 97 Highway