Commercial Property for Sale near Coldstream

Vernon Land for Sale

Rare 3,351 SF property with duplex redevelopment potential. This residential corner lot is zoned MSH – medium scale housing (max FAR 3.0)which would allow further densification of the property. This is a quiet and secluded area surrounded by single family homes and multi-familycomplexes, just west of Vernon’s downtown core. The property is located one block north of 30 Ave, one of the area’s main east-west arterialroutes. Preliminary plans for a single storey duplex include Unit A, on the westportion of the property, would have 644 SF on the main level witha 252 SF garage and Unit B, on the east portion of the property, would have 632 SF on the main level with a 252 SF garage. Both hydro and cityutilities are at the lot line.

Property Subtype:

Residential

Date on Market:

2025-01-27

Vernon Specialty for Sale

Date on Market:

2026-05-07

Vernon Flex for Sale

This is a rare opportunity to acquire a 21,818 SF mixed-use commercial property in the heart of Vernon, BC. Located at 2933 30th Avenue, this asset combines stable income with significant redevelopment potential. The property is fully leased to a strong tenant mix, including a well-established pub and brewery, an engineering firm, and a beverage manufacturer. Current zoning under Bylaw 6000 allows for future vertical expansion of up to 16 stories, making this an ideal candidate for long-term value creation. Situated in a prime downtown location with 28 dedicated parking stalls, this property offers excellent visibility and accessibility. Investors seeking a stable income stream with redevelopment upside will find this asset highly compelling.

Date on Market:

2026-02-13

Vernon Retail for Sale

This is a one-of-a-kind investment property with a mix of retail and office units plus plenty of storage and private surface lot parking at the rear. At the main street level, there are three retail units, and each unit has their own washroom. The upper level has two separate office spaces, two shared single washrooms and access to the roof top patio area. There are two units with access at the rear building. The property’s Commercial Mixed-Use Centre (CMUC) zoning allows for a range of large scale commercial and mixed-use housing development up to 16 storeys in height to provide employment opportunities and housing in the City centre areas.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-06-02

Vernon Hospitality for Sale

The McEvay Blair Multifamily Group and Institutional Property Advisors (IPA) of Marcus & Millichap are pleased to present the iconic Tiki Village development site located in Vernon, British Columbia. The fully assembled, well-located, and flat site has plans in place for 180 multifamily apartment units across two 90-unit buildings with ground-level surface parking. While plans are available, the site is being presented to developers as a “blank canvas” as the site requires rezoning and city approvals to proceed. The proposed zoning is RH3 High Rise Apartment Residential with permitted uses including apartment housing, care centres, senior housing, and stacked row housing. Multifamily sites of this scale near the downtown core in Vernon are rare. Located along 25th Avenue, a main thoroughfare in Vernon, the site is within walking distance to shopping, schools, and amenities. While the site is being presented for redevelopment, there are six homes and the fully operational Tiki Village Motel providing gross annual holding income of approximately $289,000.

Property Subtype:

Hotel

Date on Market:

2025-10-16