HM Commercial Group is pleased to present this assembly of three (3) industrial properties (nearly 6 acres) in the heart of Vernon, BC a City that is known as a four-seasons playground and for its outdoor living and affordable real estate.
The majority of the property is bare land, ready for storage, development or general industrial uses consistent with the light industrial zoning bylaw. With a razor thin vacancy of 2%, the City of Vernon has an extreme shortage of industrial land.
The Subject is located in the busiest neighbourhood in Vernon, prime for development and is supported for up-zoning from Light Industrial to Service Oriented Commercial.
Anderson Way is immediately north and home to Vernon’s Big Box Retailers like Superstore, Home Depot, The Brick & Kal Tire. Village Green Mall is also just North and at 364,474 sq.ft. of Leaseable Area is the largest enclosed Mall in the North Okanagan with Major Tenants: Canadian Tire, Hudson‘s Bay, Save-On-Foods, Winners, Sport Chek and BC Signature Liquor Store.
Current Zoning is I-1 Industrial (max. site coverage of 60%, max. height of 14.0m and up to 353,489 sq.ft. of potential gross building area).