$3,000,000
( $460.12Per Sq Foot )
 $16,105 est/mo Sourced by Back At You

2900 29 Avenue,Vernon, BC V1T1Y7

Vernon, BC V1T1Y7

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Description

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:13843)

Details

MLS #10381922
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Days On Site206
Listing Provided ByColdwell Banker Executives Realty | Jordan Ellams

Features

SQ Feet6,520
Acreage0.17

Interior

HeatingForced air, See remarks
Fireplace Yes / NoNo

Exterior

RoofOther, Unknown

Area Information

ProvinceBC
CityVernon
Postal CodeV1T1Y7
Listing VS Median (in V1T1Y7)
Price:
$3,000,000
low | high
Med:
$2,000,000
83.333333333333% of Average
sqft:
6,520
low | high
Med:
7,247
38.85736196319% of Average
$ / sqft:
$460
low | high
Med:
$293
86.370667670053% of Average
On site:
206
low | high
Med:
206
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityVernon
Postal CodeV1T1Y7
Listing VS Median (in V1T1Y7)
Price:
$3,000,000
low | high
Med:
$2,000,000
83.333333333333% of Average
sqft:
6,520
low | high
Med:
7,247
38.85736196319% of Average
$ / sqft:
$460
low | high
Med:
$293
86.370667670053% of Average
On site:
206
low | high
Med:
206
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:40:59 AM PDT