FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$619,000

3703 28A Street, Vernon V1T5A2

908 Sq Ft
Detached
Listed by: Oakwyn Realty Okanagan.
Data provided by CREA's Data Distribution Facility.
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Description

Outstanding redevelopment opportunity in Vernon’s downtown-adjacent area. This property is zoned CMUB (Commercial Mixed Use: Business), allowing for a wide variety of uses including multi-unit housing, mixed-use residential, office, retail, food and beverage, health services, and more. Notably, the zoning permits Small Scale Multi-Unit Housing on lots under 1,000 m² in this area, providing added flexibility for residential development. With density up to 3.5 FAR and height permitted to 6 storeys, the site offers excellent potential for a medium-scale mixed-use or residential project. The existing structure, approximately 842 sq ft on the main level with 2 bedrooms, 1 bathroom, and a kitchen, is currently used as office space. A full unfinished basement (764 sq ft) provides additional storage, offering holding income or interim usability while development plans are advanced. Positioned in a high-visibility location close to Vernon’s downtown core, this property is ideally situated to take advantage of the city’s ongoing growth and revitalization. A rare chance to secure a commercially zoned site with strong development upside. Note: Business occupying the property is not for sale. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Other, Rear, RV, Street, Additional Parking
Parking Spaces: 6
Structure: Residential Commercial Mix
Annual Taxes: $715
Lot Size: 0.1

Property Details

Property Type Detached
Sub Type Other
Living Area 908 sq ft
Lot Size 0 sq ft
Parking 6 spaces
Listing ID 10382807

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