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3414 27th Avenue | $2,298,000
Lynn Doering Agent Photo
Lynn
Doering
C. (250) 300-5032
 P. (778) 622-3446
 Phone Lynn www.lynndoering.ca
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
 Penticton, BC
 Canada V2A 5C4

Details

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Address 3414 27th Avenue
AreaNorth Okanagan
Sub AreaVC - City of Vernon
State/ProvinceBritish Columbia
CountryCanada
Price$2,298,000
Property TypeResidential Development
Lot Size0.53 Acres
WaterfrontNo
Taxes $11,221
Tax Year2024
MLS® #10324578

Opportunity to purchase an exciting contiguous land assembly totaling 0.528 acres or approx. 23,008 sq.ft. in the heart of Vernon, BC. This offering includes 4-lots with 5 PID's and the following civic addresses: 3414 27th Ave, 3406 27th Ave, 2602 34A Ave, & 3401 26th Ave. Prime central location in downtown Vernon with easy access to 25th Avenue, and very walkable to nearby shopping, services, and restaurants. These properties offer a flat and level building site, and permit substantial density with an FAR of 5.0 and up to 16-storeys in height. 3 of 4 sides front onto 26th and 27th Avenues, providing flexible access and development options. All lots are currently zoned Mixed Commercial with OCP designation of High Density Residential. Current zoning is intended to encourage large scale commercial and mixed-use housing development to provide employment opportunities and housing in the city centre areas. The lots are not on a flood plain and have a clean environmental Phase 1. Holding income provided from the parking lot and rental houses. Located just off of Highway 97 near a major intersection, with close proximity to Polson Park, Vernon Jubilee Hospital, under 4 kms to Okanagan College Vernon Campus, and only a 30-minute drive to Kelowna International Airport. Plans available for a 5-storey apartment building with 40 surface parking stalls and a total of 76 units ranging from micro units to 1 bedrooms plus den, including a common area rooftop deck amenity.

Listed by UNISON HM COMMERCIAL REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

My clients are prioritized over all else. I listen and implement systems to help ensure the buying or selling process is as efficient and pressure free as possible. Clients can count on me to be available when they have questions. I am sincere, reliable and have a warm friendly approach. My business is built on communication and trust, with the goal of ensuring you feel confident with your decision to hire me. Real Estate is a business built on referrals and I strive to exceed expectations to earn trust and repeat business.  

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