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Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements.
Updates mentioned by the listing
- RoofUpdated (year not given)“Building has been re-sided with metal siding and a new roofing structure has been added.”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
Highlights
- Per the listing, the property is zoned C4 and has about 830 feet of Highway 97 frontage.
- The 7.72-acre lot is described as level, with a new metal roof structure and metal siding on the building.
- Per the listing, the building is tenanted until July 2030.
- Per the listing, the 2,000+ sq ft office area includes 5 offices and 2 bathrooms, and the warehouses have 20+ foot ceilings.
Things to check
- Ask about the private water source and the septic system's condition and permits.
- Confirm the building measurements yourself, since the listing says the square footage comes from mapping software.
- Ask the City of Spallumcheen what a rezoning to I1 would involve, as the listing leaves this for buyers to research.
- Per the listing, Vernon Jubilee Hospital is 15.3 km away straight-line, so note the travel time for emergencies.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Overall neighbourhood score 5.7 / 10; walk & bike score 1 / 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.
- Price
- $5,900,000
- MLS® number
- 10399311
- Property type
- Commercial
- Living area
- 9,184 sq ft
- Lot size
- 7.72 acres
- Frontage
- 836 feet
- Community
- Armstrong/ Spall., Armstrong
- Heating
- Baseboard heaters, Radiant/Infra-red Heat, Electric
- Roof
- Metal
- Exterior
- Metal
- Lot features
- Level lot, Irregular lot size
- Water
- Private Utility
- Sewer
- Septic tank
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Listing information is provided by Oakwyn Realty Okanagan through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.