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3414 27th Avenue Vernon, British Columbia V1T 1S3

$200,000

Four properties assembled in Downtown Vernon offering a combined 23,008 SF development site with three road frontages. Strategically positioned within the Downtown Urban Centre, the property is zoned CMUC – Commercial Mixed Use Centre , allowing for a wide range of Large-scale commercial, residential, and mixed-use developments up to 16 storeys in height. Vernon has experienced significant growth in recent years, further supported by the City’s adoption of a new Official Community Plan in 2025, encouraging higher-density residential and mixed-use development in the downtown core. The CMUB zoning is designed to support employment opportunities, retail, entertainment, services, and housing within the City Centre. The site is ideally located near local businesses, offices, retail amenities, Highway 97, and the hospital, providing excellent accessibility and long-term redevelopment potential. Developers may also benefit from the City of Vernon’s revitalization tax exemption program, helping reduce overall development costs. All 4 properties must be sold together:3417 27 Avenue ,2602 34A Street ,3401 26 Avenue ,3406 27 Avenue Two of the existing houses are currently tenanted, generating a combined rental income of approximately $3,100 per month. (id:65196)

Property Details

MLS® Number 10386819
Property Type Vacant Land
Neigbourhood City of Vernon
Road Type Gravel Road, Paved Road

Building

Type Other
Utility Water Municipal Water

Land

Acreage No
Current Use Development Residential
Size Irregular 0.1
Size Total 0.1 Ac|under 1 Acre
Size Total Text 0.1 Ac|under 1 Acre

Utilities

Cable At Lot Line
Electricity At Lot Line
Natural Gas At Lot Line
Water At Lot Line

https://www.realtor.ca/real-estate/29732715/3414-27th-avenue-vernon-city-of-vernon

Contact Us

Contact us for more information

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Jun Wang

(778) 386-9566
junwang.royallepage.ca/

Royal LePage Downtown Realty
4007 - 32nd Street
Vernon, British Columbia V1T 5P2

(250) 545-5371
(250) 542-3381

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