$4,899,000

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:64343)

Property Details

MLS® Number	10373658
Property Type	Vacant Land
Neigbourhood	City of Vernon

Building

Type	Other
Utility Water	Municipal Water

Land

Acreage	Yes
Current Use	Development Commercial
Sewer	Municipal Sewage System
Size Irregular	1.96
Size Total	1.96 Ac|1 - 5 Acres
Size Total Text	1.96 Ac|1 - 5 Acres

Utilities

Electricity	At Lot Line
Natural Gas	At Lot Line
Telephone	At Lot Line

https://www.realtor.ca/real-estate/29281555/5480-anderson-way-vernon-city-of-vernon