5480 Anderson Way Vernon, British Columbia V1T 9V2
$4,190,000
Rare opportunity to acquire a close to 2-acre, flat and fully usable Commercial Mixed Use (CMUB) development site in Vernon’s highly sought-after North Anderson commercial corridor. CMUB zoning supports a wide range of mixed-use, residential, retail, office, hotel and institutional uses with building heights up to 6 storeys (buyer to verify). The level topography minimizes development complexity and construction costs, making this an ideal site for efficient high-density development. Excellent accessibility and exposure with close proximity to national retailers, restaurants, hotels, recreation facilities and growing residential neighbourhoods, driving strong long-term demand. Large parcels of this size and zoning are increasingly scarce in this district. This area is seeing active redevelopment interest, including a recently submitted 176-unit mixed-use residential project nearby. This confirms municipal support for density and long-term growth in the Anderson Way corridor. Outstanding opportunity for developers, investors or land banking in one of Vernon’s strongest growth nodes. (id:67795)
Property Details
| MLS® Number | 10373658 |
| Property Type | Vacant Land |
| Neigbourhood | City of Vernon |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Current Use | Development Commercial |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.96 |
| Size Total | 1.96 Ac|1 - 5 Acres |
| Size Total Text | 1.96 Ac|1 - 5 Acres |
Utilities
| Electricity | At Lot Line |
| Natural Gas | At Lot Line |
| Telephone | At Lot Line |
https://www.realtor.ca/real-estate/29281555/5480-anderson-way-vernon-city-of-vernon
Contact Us
Contact us for more information
Zona Chang
Personal Real Estate Corporation
zonasoldit.com/
www.linkedin.com/in/zona-chang-realtor
www.instagram.com/zona.chang/
473 Bernard Avenue
Kelowna, British Columbia V1Y 6N8
(250) 861-5122
Bip Thind
473 Bernard Avenue
Kelowna, British Columbia V1Y 6N8
(250) 861-5122
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August 23 2026 12:01:22
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