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:35966)
Listing Details
Property Details
- Full Address:
- 7920/7912 Highland Road, Vernon, British Columbia
- Price:
- $ 5,790,000
- MLS Number:
- 10400212
- List Date:
- September 9th, 2026
- Neighbourhood:
- Swan Lake West
- 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
- Roof:
- Metal, Unknown
- Exterior:
- Metal
- Garage:
- Oversize, Additional Parking
- Taxes:
- $ 30,242
Floors
- Finished Area:
- 24919 sq.ft.
Land
- Lot Size:
- 3.3 ac
Neighbourhood Features
- Amenities Nearby:
- Family Oriented, High Traffic Area
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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