For Sale: 5480 Anderson Way, Vernon, BC - REW
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$4,490,000
0 bd • 0 ba • sf • Land/Lot
5480 Anderson Way
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$4,490,000
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5480 Anderson WayVernon, BC, V1T 9V2

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Zona Chang PREC*, Oakwyn Realty Okanagan-Letnick Estates

Home facts and features

Price details
List Price
$4,490,000
Get Pre-Approved
Gross Taxes for 2026
$28,090
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
1.96 acres
Depth
Title
Freehold
Agent details
Primary Agent
Primary Broker
Oakwyn Realty Okanagan-Letnick Estates
Secondary Agent
Secondary Broker
Oakwyn Realty Okanagan-Letnick Estates
Listing details
Days on REW
132 Days
Property Views
15
MLS® Number
10373658
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Harwood School
  • Public
  • Pre-K - 7
Pleasant Valley Christian Academy
  • Independent
  • K - 4
W L Seaton Secondary School
  • Public
  • 8 - 12
Alexis Park School
  • Public
  • Pre-K - 7
Beairsto Elementary School
  • Public
  • 1 - 7
Silver Star Elementary School
  • Public
  • K - 7
Vernon Christian School
  • Independent
  • K - 12
St James School
  • Independent
  • K - 7
B X Elementary School
  • Public
  • K - 7
Vernon Secondary School
  • Public
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Zona Chang PREC*
Phone:
(250) 306-7184
Office:
250-861-5122
Bip Thind
Phone:
(250) 545-5371
Office:
250-861-5122
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