$4,190,000

Rare opportunity to acquire a close to 2-acre, flat and fully usable Commercial Mixed Use (CMUB) development site in Vernon’s highly sought-after North Anderson commercial corridor. CMUB zoning supports a wide range of mixed-use, residential, retail, office, hotel and institutional uses with building heights up to 6 storeys (buyer to verify). The level topography minimizes development complexity and construction costs, making this an ideal site for efficient high-density development. Excellent accessibility and exposure with close proximity to national retailers, restaurants, hotels, recreation facilities and growing residential neighbourhoods, driving strong long-term demand. Large parcels of this size and zoning are increasingly scarce in this district. This area is seeing active redevelopment interest, including a recently submitted 176-unit mixed-use residential project nearby. This confirms municipal support for density and long-term growth in the Anderson Way corridor. Outstanding opportunity for developers, investors or land banking in one of Vernon’s strongest growth nodes. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10373658
  Property Type	Vacant Land
  Neigbourhood	City of Vernon

• Building

  Type	Other
  Utility Water	Municipal Water

• Land

  Acreage	Yes
  Current Use	Development Commercial
  Sewer	Municipal Sewage System
  Size Irregular	1.96
  Size Total	1.96 Ac|1 - 5 Acres
  Size Total Text	1.96 Ac|1 - 5 Acres

• Utilities

  Electricity	At Lot Line
  Natural Gas	At Lot Line
  Telephone	At Lot Line