5480 Anderson Way, Vernon, British Columbia

$4,190,000

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1.96

Acres

About 5480 Anderson Way

Rare opportunity to acquire a close to 2-acre, flat and fully usable Commercial Mixed Use (CMUB) development site in Vernon’s highly sought-after North Anderson commercial corridor. CMUB zoning supports a wide range of mixed-use, residential, retail, office, hotel and institutional uses with building heights up to 6 storeys (buyer to verify). The level topography minimizes development complexity and construction costs, making this an ideal site for efficient high-density development. Excellent accessibility and exposure with close proximity to national retailers, restaurants, hotels, recreation facilities and growing residential neighbourhoods, driving strong long-term demand. Large parcels of this size and zoning are increasingly scarce in this district. This area is seeing active redevelopment interest, including a recently submitted 176-unit mixed-use residential project nearby. This confirms municipal support for density and long-term growth in the Anderson Way corridor. Outstanding opportunity for developers, investors or land banking in one of Vernon’s strongest growth nodes. (id:6289)

More Info on this City of Vernon Other MLS® listing

5480 Anderson Way is an other listing for sale in Vernon. The MLS® number is 10373658. It's currently listed for $4,190,000. For more details on MLS® 10373658, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in City of Vernon is available now!

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Features of 5480 Anderson Way

Listing # 10373658
Price $4,190,000
Acres 1.96
Type Vacant Land
Sub-Type Other

Community Information

Address 5480 Anderson Way
Area City of Vernon
Subdivision City of Vernon
City Vernon
Province British Columbia
Postal Code V1T9V2

Amenities

Utilities Natural Gas, Electricity, Telephone
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 1.96

Listing Details

OfficeOakwyn Realty Okanagan-Letnick Estates

Listing Map

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