About this home
1711 Kalamalka Lake Road is a unique opportunity to acquire a well-positioned multi-tenanted industrial INVESTMENT asset. Being one of the more desirable industrial products in the area, the property comprises approximately 13,850 SF of leased premises across five (5) tenancies with no current vacancies, providing investors with a ‘turn-key’ cash-flowing asset from a strong mix of established tenants. All tenant leases are secured until May 31, 2028, providing immediate secure cash flow. Offered at a 5.47% cap rate (based on 2026 NOI figures), the property is an attractive long-term asset for investors with immediate upside through current below-market existing rents, providing a massive opportunity to increase the income value of this asset amongst the current tenants. Additionally, the property occupies one of the more desirable industrial locations in Vernon, benefiting from excellent frontage along Kalamalka Road, pylon signage, convenient access and plenty of on-site parking. Its central location provides strong connectivity throughout Vernon and easy access to Highway 97 and surrounding commercial and industrial areas. 1711 Kalamalka Road offers investors a compelling combination of stable cash flow today and meaningful value-add potential for longer-term investors. Please contact listing agents for the NDA to receive the detailed rental roll and more information. Full leases and further due diligence items can be shared upon an accepted Contract of Purchase and Sale.
Highlights & things to check
Highlights
- Five tenancies with no current vacancies, per the listing.
- Leases are listed as secured until May 31, 2028, per the listing.
- The listing shows a 5.47% cap rate based on 2026 NOI figures.
- Zoned Light Industrial (INDL) and not in a City flood or wildfire hazard permit area.
- Kalamalka Road frontage, pylon signage and on-site parking, per the listing.
Things to check
- Ask the listing agents for the NDA and the detailed rental roll before deciding.
- Ask for full leases and further due diligence items after an accepted Contract of Purchase and Sale.
- 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.
Living at 1711 Kalamalka Lake Road
Neighbourhood scores
8.9 / 10Walk & bike score: 6.7 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
Everyone in the family marks what matters to them (Skip, Nice or Must), and every home gets a match score. Kids too.
Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $2,650,000
- MLS® number
- 10398127
- Property type
- Commercial · Other · Industrial
- Living area
- 13,850 sq ft
- Lot size
- 0.83 acres · 0.83
- Community
- South Vernon, Vernon
City of Vernon map facts
- Zoning
- Light Industrial (INDL). See what this zone allows, including suites
- Future plans (OCP 2025)
- Industrial
- City neighbourhood
- Polson
- Flood hazard area
- No, not in the City’s flood hazard permit area.
- Wildfire hazard area
- No
- Nearest fire hall
- About 1.6 km away (Fire Hall 1), straight-line distance. Inside the 10-minute response area for Station 1 (Downtown). A nearby fire hall matters for home insurance and for emergencies: firefighters are often first on scene for medical calls too.
- Garbage and organics
- Tuesday Biweekly Garbage Pickup (Week 2 of 2), Tuesday Weekly Organics Pickup
- What’s planned nearby
- 1460 KALAMALKA LAKE RD: to re-designate the Official Community Plan designation from Urban Neighborhood, Industrial, and Community to Village Centre to accommodate a proposed mixed-use community. Application
- 1460 KALAMALKA LAKE RD: To re-zone the subject property from the INDL: Light Industrial, PANS: Parks & Natural Spaces, and CMTY: Community Zone to the CMUC: Commercial Mixed Use Centre Zone to facilitate a mixed-use community. Also to increase the maximum permitted height in the CMUC Zone at 1700 Polson Dr and 1714 Kalamalka Lake Rd from 60m (16 storeys) to 112m (36 storeys). Application
- 2501 14 AVE: to re-designate the Official Community Plan designation from Urban Neighborhood, Industrial, and Community to Village Centre to accommodate a proposed mixed-use community. Application
- 2501 14 AVE: To re-zone the subject property from the INDL: Light Industrial, PANS: Parks & Natural Spaces, and CMTY: Community Zone to the CMUC: Commercial Mixed Use Centre Zone to facilitate a mixed-use community. Also to increase the maximum permitted height in the CMUC Zone at 1700 Polson Dr and 1714 Kalamalka Lake Rd from 60m (16 storeys) to 112m (36 storeys). Application
From the City of Vernon’s public maps, checked 2026-10-22. Not part of the MLS® listing. Please confirm anything important with the City of Vernon.
Similar homes nearby
The same type of home in Vernon, priced within 25% of this one, closest to it first.
$2,200,000
3306 30 Avenue Lot# Lot 1
City of Vernon, Vernon
11,700 sq ft · Commercial
RE/MAX Vernon
$2,200,000
3710-3712 24 Avenue
City of Vernon, Vernon
Commercial
RE/MAX Vernon
$3,265,000
4200 30 Street
City of Vernon, Vernon
Commercial
RE/MAX Vernon
$2,999,000
4211 25 Avenue
City of Vernon, Vernon
12,000 sq ft · Commercial
Business Finders Canada
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.