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:35966)
5480 Anderson WayVernon, British Columbia, V1T9V2
Listing Details
Property Details
- Full Address:
- 5480 Anderson Way, Vernon, British Columbia
- Price:
- $ 4,999,000
- MLS Number:
- 10373658
- List Date:
- January 22nd, 2026
- Neighbourhood:
- City of Vernon
- Lot Size:
- 1.96 ac
- Taxes:
- $ 28,090
Interior Features
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Ownership Type:
- Freehold
- Taxes:
- $ 28,090
Floors
Land
- Lot Size:
- 1.96 ac
- Current Use:
- Development commercial
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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