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Prime development site in Vernon's rapidly growing core. Zoned CMUB, this property supports an 8 storey mixed use development with flexibility for commercial and multifamily uses. Its central location delivers outstanding visibility and access, making it ideal for retail, office, or residential projects. A secure tenant currently provides steady income, allowing the property to serve as a strategic holding asset while you plan future growth. This is a rare opportunity to secure a site offering both immediate revenue and long term development potential in the Okanagan's most dynamic market. All inquiries are to be directed to the listing agents. Please do not approach the tenant or staff regarding the sale.
Highlights
- Per the listing, the site is zoned CMUB, which supports mixed use development with commercial and multifamily flexibility.
- City of Vernon map facts show the property is not in a flood or wildfire hazard permit area.
- Municipal water and sewer service the property, and the level corner lot is 0.14 acres per the listing.
- Vernon Recreation Complex is about 220 m away and Vernon Jubilee Hospital about 1.2 km away, straight-line.
- Per the listing, a secure tenant currently provides steady income while the site is held for future plans.
Things to check
- Ask the listing agents for current lease terms and income details, since the listing asks that the tenant not be approached.
- Confirm with the City of Vernon what an 8 storey mixed use development would require under CMUB zoning and approvals.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Good to know: Dogs three months and older in Greater Vernon need a regional dog licence if you live here more than 30 days. Moving to B.C.: the checklist →
Overall neighbourhood score 8.5 / 10; walk & bike score 7.7 / 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 storeFreshCo · 0.7 km8 min there, 9 min home10 m uphill coming home · 0% tree shade
- CoffeeStarbucks · 0.2 km3 min each wayMostly flat
- Elementary schoolBeairsto Elementary School · 0.4 kmSchool walk check: Footpaths, sidewalks or quiet streets nearly all the way · 1 main-road crossing: 30 Street (traffic signal)5 min each way10 m uphill on the way there · 0% tree shade
- Park or playgroundPlayground · 0.2 km3 min each wayMostly flat
- Beach / lake accessKal Beach · 4.5 km56 min there, 55 min home55 m uphill on the way there · 16% tree shade
- DowntownDowntown Vernon · 0.1 km2 min each wayMostly flat
- Rail trailOkanagan Rail Trail · 4.5 km56 min each way70 m uphill on the way there · 15% tree shade
- HospitalVernon Jubilee Hospital · 1.4 km18 min there, 17 min home30 m uphill on the way there · 0% tree shade
- GolfVernon Golf Club · 2.3 km29 min each way40 m uphill on the way there · 48% tree shade
- Grocery storeFreshCo · 0.7 km4 min each way10 m uphill coming home · 0% tree shade
- CoffeeStarbucks · 0.3 km3 min there, 2 min homeMostly flat · 0% tree shade
- Elementary schoolBeairsto Elementary School · 0.4 km3 min each way10 m uphill on the way there · 0% tree shade
- Park or playgroundPlayground · 0.2 km2 min each wayMostly flat
- Beach / lake accessKal Beach · 4.6 km20 min each way55 m uphill on the way there · 17% tree shade
- DowntownDowntown Vernon · 0.1 km2 min each wayMostly flat
- Rail trailOkanagan Rail Trail · 4.5 km21 min there, 20 min home70 m uphill on the way there · 16% tree shade
- HospitalVernon Jubilee Hospital · 1.4 km9 min there, 6 min home30 m uphill on the way there · 1% tree shade
- GolfVernon Golf Club · 2.5 km11 min each way25 m uphill on the way there · 7% tree shade
- Grocery storeFreshCo · 0.7 km3 min each way10 m uphill coming home · 0% tree shade
- CoffeeStarbucks · 0.3 km2 min each wayMostly flat · 0% tree shade
- Elementary schoolBeairsto Elementary School · 0.4 km2 min each way10 m uphill on the way there · 0% tree shade
- Park or playgroundPlayground · 0.2 km2 min each wayMostly flat
- Beach / lake accessKal Beach · 4.5 km13 min each way55 m uphill on the way there · 16% tree shade
- DowntownDowntown Vernon · 0.1 km2 min each wayMostly flat
- Rail trailOkanagan Rail Trail · 4.5 km14 min there, 13 min home70 m uphill on the way there · 15% tree shade
- HospitalVernon Jubilee Hospital · 1.4 km5 min each way30 m uphill on the way there · 1% tree shade
- GolfVernon Golf Club · 2.5 km8 min each way25 m uphill coming home · 7% 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
- $749,000
- MLS® number
- 10388045
- Property type
- Single-family home
- Ownership
- Freehold
- Living area
- 1,344 sq ft
- Lot size
- 0.14 acres
- Frontage
- 80 feet
- Year built
- 1969
- Parking spaces
- 10
- Annual taxes
- $1,609
- Community
- City of Vernon, Vernon
- Cooling
- Central air conditioning
- Roof
- Metal
- Exterior
- Concrete
- Lot features
- Level lot, Corner Site, Wheelchair access
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Cable, Telephone
- Accessibility
- Customized Wheelchair Accessible
- Fencing
- Not fenced
- Parking details
- 10 spaces in total
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.
- 3500 32 ST: To facilitate a mixed-use development (5 storey apartment building with ground floor commercial units). Application
- 2804 35 AVE: To allow the temporary use of a standalone parking facility (surface parking lot) in the CMUB zone. 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
- 3300 31 AVE: A Delegated Minor Development Variance Permit application to reduce minimum building setback and inclusive short term bike stalls (see DP001121). (wm) 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 Rennie & Associates Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.