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Property Details
- Property Type Multi-Family
- Property Size 2,810 SF
- Lot Size 0.48 Acre
- Cap Rate % 5
- Zoning MUM
- # of Floors 1
- Year Built 1972
- Date Updated Apr 2, 2025
Discover an exceptional opportunity to acquire a prime development property located at 3706 24th Ave in beautiful Vernon, BC. Spanning an expansive 0.48 acres, this waterfront parcel is zoned MUM (Multi-Unit Medium Scale), offering immense potential for visionary developers. With a FAR of 1.25, this property allows for up to 26,000 square feet of multi-family living space, allowing for a thoughtfully designed four-story residential building. Nestled along a creek, the site will offer stunning natural beauty, providing future residents with a tranquil setting. The central location ensures easy access to essential amenities, local parks, schools, and recreational areas, appealing to families and professionals alike. This property represents a chance to contribute to Vernon’s growing housing market. With the increasing demand for multi-family units in the area, you can capitalize on the opportunity to deliver much-needed housing while fostering a sense of community. Don’t miss out on this incredible waterfront development opportunity—act now, and turn your vision into reality!
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Vernon, BC
- Neighborhood Downtown Vernon
- Postal Code V1T 1L9
Points of Interest
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Esso
0.42 miles
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Super Save
0.49 miles
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Mobil
0.50 miles
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Petro-Canada
0.55 miles
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Chevron
0.74 miles
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Husky
0.77 miles
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Shell
0.89 miles
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Tesla Supercharger
2.35 miles
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Flo
2.36 miles
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Fill - Vernon’s Refill store
0.86 miles
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Sicily Square
0.90 miles
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Red Gate Parking Lot
3.34 miles
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Overflow Camping
5.90 miles
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Trail Patking
6.72 miles
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High Rim Trail Oyama Lake FSR Trailhead
9.82 miles
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Tiki Village Motel
0.38 miles
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Schell Motel
0.40 miles
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Polson Park Motel
0.49 miles
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Okanagan Royal Park Inn
0.49 miles
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Vernon Hostel
0.51 miles
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Schell Motel Express
0.77 miles
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The Belair
0.79 miles
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Silver Star Motel
0.86 miles
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Prestige Vernon Lodge
0.99 miles
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Canada's Best Value Inn & Suites
1.03 miles
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FreshCo
0.45 miles
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Canadian Wholesale Club
0.46 miles
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Simply Market
0.49 miles
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Fruit Union Plaza
0.59 miles
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Polson Place Mall
0.91 miles
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Save-On-Foods
0.94 miles
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Buy Low Foods
1.08 miles
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Okanagan Landing Plaza
1.08 miles
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Safeway
1.22 miles
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Hudson's Bay
1.81 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Innovative Commercial Properties