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:44056)

Property Details

Full Address:
7920/7912 Highland Road, Vernon, British Columbia
Price:
$ 5,790,000
MLS Number:
10400212
List Date:
September 9th, 2026
Lot Size:
3.3 ac
Year Built:
1993
Taxes:
$ 30,242

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Forced air, Other

Building Features

Sewer:
Septic tank
Water:
Irrigation District
Utilities:
Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Roof:
Metal, Unknown
Exterior:
Metal
Garage:
Oversize, Additional Parking
Security:
Security system
Taxes:
$ 30,242

Floors

Finished Area:
24919 sq.ft.

Land

Lot Size:
3.3 ac
Lot Features:
Level lot

Neighbourhood Features

Amenities Nearby:
Family Oriented, High Traffic Area

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

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