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$5,790,000
98 Days On Site

7920/7912 Highland Road
Vernon, BC V1H1W7

For Sale|Retail|Active
0
Beds
0
Total Baths
24,919
SqFt
$232
/SqFt
1993
Built
Subdivision:
Swan Lake West
Call Now: (250) 575-4804
Is this the listing for you? We can help make it yours.
(250) 575-4804
7920/7912 Highland Road7920/7912 Highland Road7920/7912 Highland Road7920/7912 Highland Road
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Monthly Payment (Est.)

$26,416
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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. Adjacent property with 2.3 acres may be willing to sell too. (id:31684)

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Listing Snapshot
Price 
$5,790,000
Days On Site 
98 Days
Bedrooms 
N/A
Inside Area (SqFt) 
24,919 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.3 Acres
Year Built 
1993
MLS® Number 
10380845
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
6 days agoPrice changed to $5,790,000
3 months agoListing first seen on site
General Features
Acres 
3.3
Garage 
Yes
Parking 
Detached
Property Sub Type 
Retail
Sewer 
Septic Tank
SqFt Total 
24919
Interior Features
Cooling 
Central Air
Heating 
Forced AirOther
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Exterior Features
Fencing 
Chain LinkOther
Lot Features 
Level

Listing courtesy of: Don Kassa of RE/MAX Vernon

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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