3503 32 Street

Prime development site in Vernon’s rapidly growing core. Zoned CMUB, this property supports an 8-storey mixed-use development with flexibility for commercial and multifamily uses. Its central location delivers outstanding visibility and access, making it ideal for retail, office or residential projects. A secure tenant is in place, generating $42,351.00 in annual Net Operating Income (NOI), allowing the property to function as a strategic holding asset while plans are developed. This is a rare opportunity to secure a site offering both immediate revenue and long-term development potential in one of the Okanagan’s most active growth corridors. Please do not approach the tenant or staff regarding the sale. (id:58842)