Property Description
COURT ORDERED SALE – PROPERTY SOLD “AS IS, WHERE IS.” Prime Commercial Mixed-Use opportunity with exceptional exposure along Highway 97. This property offers 4,380 SQFT of main-floor retail space and 3 bedrooms living space on the 2nd floor. Additional 4,000+ SQFT basement, providing significant flexibility for owner-users, investors, or redevelopment. Situated on a 0.35-acre lot with lane access, the site benefits from ample on-site parking, excellent visibility, and prominent signage opportunities. Zoned CMUN – Commercial Mixed Use: Neighborhood, the property allows for a wide range of commercial, residential, and mixed-use applications. Previously operated as a village grocery market, the building is well-positioned to serve neighborhood-scale retail or service uses. Ideally located surrounded by residential properties and directly across from Vernon Jubilee Hospital, with close proximity to public bus transit, ensuring strong pedestrian and vehicular traffic. The zoning supports neighborhood-scale commercial, residential, and mixed-use housing development up to four stories, offering excellent future development and redevelopment potential in a highly desirable and service-oriented location. An outstanding opportunity for investors, developers, or end users seeking visibility, flexibility, and long-term upside. (id:6770)
Overview
Price
$
1,250,000
MLS #
10375355
Age
1981
Size
4320 sqft
Lot Size
0.35
acres
Exterior
Brick, Concrete Block, Metal
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Other
Local Amenities
Public Transit, Park, Shopping
Listing Office
Oakwyn Realty Okanagan-Letnick Estates