Salehian.com 647-325-5000

2900 29 Avenue

City of Vernon, Vernon, BC, V1T1Y7

Listed by Coldwell Banker Executives Realty

$3,000,000

Photo 1 of 34Photo 2 of 34Photo 3 of 34Photo 4 of 34Photo 5 of 34Photo 6 of 34Photo 7 of 34Photo 8 of 34Photo 9 of 34Photo 10 of 34Photo 11 of 34Photo 12 of 34Photo 13 of 34Photo 14 of 34Photo 15 of 34Photo 16 of 34Photo 17 of 34Photo 18 of 34Photo 19 of 34Photo 20 of 34Photo 21 of 34Photo 22 of 34Photo 23 of 34Photo 24 of 34Photo 25 of 34Photo 26 of 34Photo 27 of 34Photo 28 of 34Photo 29 of 34Photo 30 of 34Photo 31 of 34Photo 32 of 34Photo 33 of 34Photo 34 of 34
  • 6520 sq ft

Listed 202 days ago · MLS® 10381922

About this home

Prime downtown Vernon commercial building with exceptional redevelopment potential. Situated on a high-exposure corner site, this mixed-use property offers approximately 7,973 sq ft of building area. Zoned CMUC – Commercial Mixed Use Centre, the property allows for a wide range of commercial, residential, and mixed-use developments, supporting high-density construction of up to approximately 16 storeys with a maximum density of 5.0 FAR. This designation supports large-scale development and positions the property as a strategic redevelopment site. The existing building features a main floor commercial space along with two residential units above, including a 1-bedroom, 1-bath suite and a 2-bedroom, 1-bath suite, providing additional income potential. Rooftop access and patio space further enhance the property's versatility. The property is currently operating as an established nightclub, with the opportunity to acquire the business in conjunction with the real estate. The combined offering is available at $3,000,000. (See separate business listing MLS# 10381962 for details.) Located in the heart of Vernon’s downtown with strong visibility, pedestrian exposure, and proximity to key amenities, this property offers investors and developers a rare opportunity to secure a high-density redevelopment site. (id:66966)

Details

Type
Other
Size
6520 sq ft
Neighbourhood
City of Vernon
Municipality
Vernon

Interior

Fireplace
No

Heating, cooling and services

Heating
Forced air, See remarks

Building and exterior

Outdoor
Stucco

Location

Location is approximate. See nearby homes on the map

Listed by Coldwell Banker Executives Realty.

Powered by: REALTOR.ca

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Similar homes nearby

See more in Vernon