Commercial Acreage in Vernon, BC

Vacant Land for Sale
Catylist Listing ID: 30431938
Property Subtypes: Office, Retail, Other
Gross Land Area: 8.28 Acres
Sale Price: $5,600,000
Unit Price: $676,328 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

8.27 acres of high exposure land zoned Service Commercial with frontage on three roads. Nearly 500 feet frontage on Kal Lake Road. Existing pre cast building serves as a transition to the upper area. Good access in a high traffic location. This area has had substantial ongoing redevelopment with high quality commercial developments being built. There is is very little available commercial land of this sort in such a desirable location so close to the Vernon core. See www.DonKassa.com for plot plans, zoning bylaws, and full information.

Additional Details

Nearest CMA: Vernon
Regional District: North Okanagan
Parcel ID: 002-999-790; 003-232-816
Zoning: C11 - COMMERCIAL MIXED
Property Located Between: Vernon and Coldstream
Property Visibility: Excellent
Legal Description: Lot 2, Section 26, Township 9, ODYD, Plan 34275 and Lot 1, Section 26, Township 9, ODYD, Plan 33225
Largest Nearby Street: Kalamalka Road
Feet of Frontage: 500
Airports: Vernon Regional Airport
Site Description: Vacant land with existing pre-cast building that serves as a transition to the upper level.
Area Description: Located on a busy road that links the Vernon downtown area with highly populated Coldstream and Middleton Mountain residential areas. This area has had ongoing high quality developments being constructed adjacent to this lot.
Lot Frontage: 492 ft.
Lot Depth: 750 ft.
Zoning Description: 10.11 C11 : Service Commercial C11 10.11.1 Purpose The purpose is to designate and preserve land for the accommodation of a mix of commercial uses, including vehicular oriented areas, not provided for in other zones. 10.11.2 Primary Uses  amusement arcades, major  animal clinics, minor  animal clinics, major  auctioneering establishments  autobody repair and paint shops  automotive and equipment repair shops  automotive and recreation vehicle services  broadcasting studios  business support services (Bylaw 5441)  call centres  clubs, private  commercial storage  convenience vehicle rentals  contractor services, limited  custom indoor manufacturing (Bylaw 5441)  drive-through services  drive-through vehicle services  emergency protective services  equipment rentals  flea markets  fleet services  food primary establishments  funeral services  gaming facilities (Bylaw 4967)**  gas bar  government agencies  high technology research and product design (Bylaw 5441)  household repair services  kennels (Bylaw 5339)  limited contractor services  liquor primary establishment, minor  non-accessory parking  offices, construction and development  participant recreation services, indoor  pawn shops  recycled materials drop-off centres  retail cannabis sales (Bylaw 5731)  retail stores, service commercial  service stations, minor  truck and mobile home sales/rentals  used goods stores  utility services, minor impact  vehicle and equipment sales/rentals, industrial and agricultural  warehouse sales ** refer to definition for “gaming facilities” in Section 2.3.3. for limitation on number of slot machines permitted within the City of Vernon boundaries SECTION 10.11 : SERVICE COMMERCIAL C11 - 2 O F 2 ZONING BYLAW NO. 500 0 (2003) CITY OF VERNO N 10.11.3 Secondary Uses  amusement arcades, minor  carnival  outdoor storage  residential security/operator unit  real estate sales office  retail store, licensee 10.11.4 Subdivision Regulations  Minimum lot width is 30.0m.  Minimum lot area is 1000m2. 10.11.5 Development Regulations  Maximum commercial floor space ratio is 1.8.  Maximum site coverage is 60%.  Maximum height is the lesser of 12.0m or 3.0 storeys.  Minimum front yard is 2.0m.  Minimum side yard is 0.0m, except it is 2.0m for any flanking street, and 4.5m when adjacent to a residential, agricultural or institutional zone.  Minimum rear yard is 0.0m, except it is 6.0m where the abutting land is zoned or designated Residential. 10.11.6 Other Regulations  Only one residential security/operator unit is permitted on a site.  In addition to the regulations listed above, other regulations may apply. These include the general development regulations of Section 4 (secondary development, yards, projections into yards, lighting, agricultural setbacks, etc.); the specific use regulations of Section 5; the landscaping and fencing provisions of Section 6; and, the parking and loading regulations of Section 7.  Outdoor storage shall be screened from view of any street or lane and from adjacent properties. There shall be no outdoor storage of toxic, noxious, explosive or odorous materials. 10.11.7 Temporary Commercial Use Permits  In addition to the Primary and Secondary Uses permitted by Sections 10.11.2 and 10.11.3, Temporary Commercial Use Permits may be issued in respect of the land legally described as Lot 26, Sec. 27, Tp. 9, Plan B4869, ODYD to permit administrative offices and the retail sale of dog food and related products.  As per Section 4.10.2 - All buildings and structures, excluding perimeter fencing (garden walls and fences) on lots abutting City Roads as identified on Schedule ”B” shall not be sited closer to the City Road than the setback as per the appropriate zone measured from the offset Rights of Way as illustrated on Schedule “B”. (Bylaw 5440)
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Contact

Photograph of Listing Agent

Don Kassa

RE/MAX - Vernon Commercial First Member
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