7920/7912 Highland Road, Vernon, British Columbia

$5,790,000

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24,919

Square feet

3.30

Acres

About 7920/7912 Highland Road

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:6289)

More Info on this Swan Lake West Retail MLS® listing

7920/7912 Highland Road is a retail listing for sale in Vernon. The MLS® number is 10400212. It was built in 1993 and covers 24,919 square feet. It's currently listed for $5,790,000. For more details on MLS® 10400212, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Swan Lake West is available now!

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Features of 7920/7912 Highland Road

Listing # 10400212
Price $5,790,000
Square Footage 24,919
Acres 3.30
Year Built 1993
Type Retail
Sub-Type Retail

Community Information

Address 7920/7912 Highland Road
Area Swan Lake West
Subdivision Swan Lake West
City Vernon
Province British Columbia
Postal Code V1H1W7

Amenities

Utilities Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Features Level lot
Parking Oversize, Additional Parking
Garages Oversize, Additional Parking
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Other
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Exterior Metal
Lot Description 3.3
Roof Metal, Unknown

Listing Details

OfficeRE/MAX Vernon

Listing Map

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