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1.25 acre commercial property in the highly sought after Anderson Subdivision . New CMUB zoning allowing for Hybrid commercial / Residential Mixed Usage up to 6-Storeys in height with surface parking. Neighboring businesses include Home Depot, City Furniture, Starbucks, Four Point hotel. Ideal location close to Kal Tire Place and the new Pool and fitness Centre. Existing Pre Load on site may be of use to new owner. Fully Serviced Site with rear highway exposure. Phase One environmental report has been completed.
Updates mentioned by the listing
- Pool / hot tubUpdated (year not given)“Ideal location close to Kal Tire Place and the new Pool and fitness Centre.”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
Highlights
- The 1.25-acre lot sits in the Anderson Subdivision and is listed as a level lot.
- Zoning is Commercial Mixed Use: Business (CMUB), which the listing says allows mixed commercial and residential use up to 6 storeys.
- Municipal water, sewer, natural gas, electricity and cable are listed as available to the site.
- The property is not in a City flood or wildfire hazard permit area.
- Per the listing, a Phase One environmental report has been completed.
Things to check
- Ask the City to confirm the zoning allowances, including the 6-storey height and surface parking, before making any plans.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
- Ask for a copy of the Phase One environmental report and what the existing pre-load on site means for future building.
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 8.4 / 10; walk & bike score 5.3 / 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 storeReal Canadian Superstore · 0.5 km7 min each wayMostly flat · 4% tree shade
- CoffeeBlenz Coffee · 0.6 km8 min there, 7 min homeMostly flat · 3% tree shade
- Elementary schoolHarwood Elementary School · 1.8 kmSchool walk check: Footpaths, sidewalks or quiet streets for about 88% of the walk · no main-road crossings24 min there, 22 min home30 m uphill on the way there · 2% tree shade
- Park or playgroundBX Creek Natural Wetland · 0.9 km12 min there, 11 min home15 m uphill on the way there · 1% tree shade
- Beach / lake accessKal Beach · 7.0 km1 hr 26 min there, 1 hr 25 min home70 m uphill on the way there · 14% tree shade
- DowntownDowntown Vernon · 2.7 km33 min there, 34 min home25 m uphill coming home · 1% tree shade
- Rail trailOkanagan Rail Trail · 7.0 km1 hr 26 min each way85 m uphill on the way there · 14% tree shade
- HospitalVernon Jubilee Hospital · 3.9 km49 min there, 48 min home50 m uphill on the way there · 0% tree shade
- GolfVernon Golf Club · 4.9 km1 hr each way40 m uphill coming home · 9% tree shade
- Grocery storeReal Canadian Superstore · 3.8 km17 min there, 8 min home45 m uphill on the way there · 2% tree shade
- CoffeeStarbucks · 3.5 km17 min there, 9 min home45 m uphill on the way there · 1% tree shade
- Elementary schoolHarwood Elementary School · 4.2 km20 min there, 11 min home60 m uphill on the way there · 1% tree shade
- Park or playgroundBX Creek Wetlands · 1.0 km8 min there, 18 min home40 m uphill coming home · 0% tree shade
- Beach / lake accessKal Beach · 9.5 km40 min there, 31 min home105 m uphill on the way there · 11% tree shade
- DowntownDowntown Vernon · 5.7 km24 min there, 13 min home55 m uphill on the way there · 1% tree shade
- Rail trailOkanagan Rail Trail · 9.5 km41 min there, 31 min home120 m uphill on the way there · 11% tree shade
- HospitalVernon Jubilee Hospital · 6.9 km31 min there, 18 min home80 m uphill on the way there · 1% tree shade
- GolfVernon Golf Club · 7.4 km31 min there, 22 min home75 m uphill on the way there · 7% tree shade
- Grocery storeReal Canadian Superstore · 3.8 km12 min there, 6 min home45 m uphill on the way there · 2% tree shade
- CoffeeStarbucks · 3.5 km11 min there, 7 min home45 m uphill on the way there · 1% tree shade
- Elementary schoolHarwood Elementary School · 4.2 km13 min there, 9 min home60 m uphill on the way there · 7% tree shade
- Park or playgroundBX Creek Wetlands · 2.2 km8 min there, 10 min home35 m uphill coming home · 1% tree shade
- Beach / lake accessKal Beach · 9.5 km27 min there, 21 min home105 m uphill on the way there · 11% tree shade
- DowntownDowntown Vernon · 5.6 km17 min there, 9 min home55 m uphill on the way there · 3% tree shade
- Rail trailOkanagan Rail Trail · 9.4 km27 min there, 21 min home120 m uphill on the way there · 11% tree shade
- HospitalVernon Jubilee Hospital · 6.9 km20 min there, 12 min home80 m uphill on the way there · 1% tree shade
- GolfVernon Golf Club · 7.4 km21 min there, 15 min home75 m uphill on the way there · 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
- $2,990,000
- MLS® number
- 10394824
- Property type
- Lot / land
- Ownership
- Freehold
- Lot size
- 1.25 acres
- Annual taxes
- $20,745
- Community
- City of Vernon, Vernon
- Lot features
- Level lot
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable
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.
- 5500 ANDERSON WAY: To facilitate a mixed-use rental apartment housing development with176 residential units and 6 commercial units in DP Area 2 - Neighbourhood District, and zoned CMUB - Commercial Mixed-Use: Business. 2 Buildings. 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 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.