7920/7912 Highland Road
Vernon, British Columbia
MLS® 10380845
$5,790,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 10380845
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1993
1 / 92Listing description
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.
Property summary
- MLS® number
- 10380845
- Property type
- Retail
- Building type
- Retail
- Square footage
- 24,919 sq ft
- Title
- Freehold
- Land size
- 3.3 acres
- Built in
- 1993
- Annual property taxes
- $34,014.00
- Parking
- Oversize, Additional Parking
- Days on market
- 135 days
Features & details
- Heating
- Forced air, Other
- Cooling
- Central air conditioning
- Exterior features
- Metal
- Lot features
- Level lot
- Community features
- Family Oriented, High Traffic Area
What would this home cost you?
Based on the $5,790,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Vernon, Vernon.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.