Positioned at one of Vernon's most prominent and high-traffic intersections, this iconic former bank building presents a rare opportunity for visionary investors and developers. Stripped to its concrete core, the 24,000+ sq ft structure offers a true blank canvas ready for adaptive reuse or redevelopment. The main floor is ideally suited for a high-exposure commercial use such as a restaurant, retail concept, or entertainment venue, while the upper floors are already framed for residential micro-suites but could easily be reimagined as offices, boutique hotel rooms, or creative workspace. A rare original bank vault remains intact, offering a unique architectural feature that could become the centerpiece of a future concept. With strong pedestrian activity, exceptional visibility, and ongoing revitalization in downtown Vernon, this property offers significant upside for those looking to transform a landmark building into something truly special. (id:13843)
| MLS # | 10385996 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 1968 |
| Days On Site | 173 |
| Listing Provided By | Venture Realty Corp. | Matt Glen |
| SQ Feet | 24,381 |
|---|---|
| Garage | 1 |
| Acreage | 0.15 |
| Heating | Forced air, Electric, Other |
|---|---|
| Fireplace Yes / No | No |
| Accessibility Features | Accessible Elevator Installed |
|---|---|
| Roof | Tar & gravel, Unknown |
| Lot Features | Corner Site |
| Parking Features | Attached Garage |
|---|---|
| Parking Total | 1 |
| Tax Annual Amount | 77963 |
|---|
| Province | BC |
|---|---|
| City | Vernon |
| Postal Code | V1T5M4 |
| Listing VS Median (in V1T5M4) | |
Price: $3,500,000 low | high Med: $3,500,000 sqft: 24,381 low | high Med: 24,381 $ / sqft: $144 low | high Med: $144 On site: 173 low | high Med: 173 | |
| Province | BC |
|---|---|
| City | Vernon |
| Postal Code | V1T5M4 |
| Listing VS Median (in V1T5M4) | |
Price: $3,500,000 low | high Med: $3,500,000 sqft: 24,381 low | high Med: 24,381 $ / sqft: $144 low | high Med: $144 On site: 173 low | high Med: 173 | |