Property Description
HM Commercial Group is pleased to present this opportunity to purchase 2 contiguous parcels that can be purchased together or separately and offer a combined 5.001 acres of developable land in Vernon’s north end.
5400 & 5450 Anderson Way are well positioned in Vernon’s growing North End, with exposure to both Anderson Way and Highway 97. They are situated in close proximity to Village Green Mall, SmartCentre, and are just a short walk from growing residential areas.
Mixed use developments could be an option here. Apartment Housing is a secondary use in this zoning so not more than 49% of the total GLA could be residential, unless the City were to grant an OCP Amendment or site specific text amendment.
BENEFITS
- 5450 Anderson Way offers 1.962 acres
- Can be combined with adjacent property for a total land area of 5.001 acres or 217,844 SF
- Zoned CD1, Comprehensive Development
- Future Land Use: Community Commercial
- Zoning allows a wide range of uses with maximum height of 4 storeys, except for hotels
- Central location close to shopping and services
