This is one of the commercial properties that sold in Vernon.
Image Credit: Google Maps/Sean Phillips
August 15, 2023 - 6:00 PM
A 2.67-acre commercial property across from Vernon Golf and Country Club has sold for $4 million.
It was sold through William Wright Commercial Real Estate Services as an off-market transaction, meaning it was not listed publicly.
“The property has multiple buildings providing a steady and diverse income stream,” a news release from William Wright Commercial says. “The site is fully fenced with lots of yard space which makes for a highly desirable location for multiple tenants.
READ MORE: Yellowstone Ranch near Beaverdell auctioned for $15 million
“The site also has great medium/long term redevelopment potential as the 2.67 acre site is significantly underutilized.”
This shows the property at 903-15 Kalamalka Lake Road
Image Credit: Submitted/William Wright Commercial Real Estate Services
It has more than 250 feet of street frontage and up to 410 feet of depth and is at 903-915 Kalamalka Lake Road.
It was assessed by BC Assessment, as of July 2022, at 3.15 million, with just over $2 million being for the land.
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