5400 Anderson Way, Vernon, BC - Mixed Use Development Land in Vernon’s North End

Mixed Use Development Land in Vernon’s North End

5400 Anderson Way, Vernon, BC, V1T 9V2

Price:
$5,995,000

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

  • 5400 Anderson Way offers 3.039 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

5400 Anderson Way, Vernon, BC, Canada

Additional Information

Municipal Address 5400 Anderson Way, Vernon, BC, V1T 9V2
Legal Description Lot A District Lot 38 Osoyoos Division Yale District Plan EPP82215
PID 030-898-439
Location Details 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.
Land Area 3.039 AC or 132,379 SF
Zoning CD1 : Comprehensive Development Area 1
Future Land Use
(OCP)
Community Commercial
Taxes $9,313 (2020)

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.