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7920/7912 Highland Road Vernon, British Columbia V1H 1W7

24,919 sqft
Central Air Conditioning Forced Air, Other Acreage Level

$5,790,000

Exceptional investment opportunity featuring one of the North Okanagan's premier commercial gateway properties. Strategically positioned along the Hwy 97 corridor with over 40,000 vehicles passing daily (Ministry of Transportation), the property enjoys exceptional visibility from southbound Hwy 97, where unobstructed sightlines provide motorists with an elevated view for several hundred meters before the Highland Road access. This landmark location combines outstanding exposure, excellent accessibility and long established regional recognition. The property is improved with approximately 24,919 sq. ft. of retail, office, warehouse, cold storage on a fully developed commercial site provides exceptional flexibility for investors owner operators or future redevelopment , subject to applicable approvals. Currently under a triple net lease generating approximately $331,000 in annual base rent, the property offers dependable income while allowing purchasers to evaluate investment performance using their own underwriting assumptions. Extensive recent capital improvement incudes a metal roof (2022) three rooftop HVAC units (2025) LED lighting, automatic entry doors, commercial kitchen exhaust and fire suppression, data rewiring, parking and security fencing. Regional community sewer is underway along the Hwy 97 corridor. Rarely does an opportunity combine stable triple net income, exceptional exposure, extensive infrastructure and a strategic commercial location (id:65196)

Property Details

MLS® Number 10380845
Property Type Retail
Neigbourhood Swan Lake West
Community Features Family Oriented, High Traffic Area
Features Level Lot

Building

Constructed Date 1993
Cooling Type Central Air Conditioning
Exterior Finish Metal
Fire Protection Security System
Heating Type Forced Air, Other
Roof Material Metal
Roof Style Unknown
Size Interior 24,919 Sqft
Type Retail
Utility Water Irrigation District

Parking

Additional Parking
Oversize

Land

Access Type Easy Access, Highway Access
Acreage Yes
Fence Type Chain Link, Other
Landscape Features Level
Sewer Septic Tank
Size Irregular 3.3
Size Total 3.3 Ac|1 - 5 Acres
Size Total Text 3.3 Ac|1 - 5 Acres

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available
Sewer Not Available
Water Available

https://www.realtor.ca/real-estate/29610338/79207912-highland-road-vernon-swan-lake-west

Contact Us

Contact us for more information

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Don Kassa

(250) 549-4161
www.donkassa.com/

RE/MAX Vernon
5603 27th Street
Vernon, British Columbia V1T 8Z5

(250) 549-4161
(250) 549-7007
www.remaxvernon.com/

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