Commercial land near Vernon Golf Course sells for $4 million | iNFOnews | Thompson-Okanagan's News Source
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Vernon News

Commercial land near Vernon Golf Course sells for $4 million

This is one of the commercial properties that sold in Vernon.
Image Credit: Google Maps/Sean Phillips

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
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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