About 5480 Anderson Way
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:6289)
5480 Anderson Way, MLS#: 10373658 is located in the City of Vernon neighborhood of Vernon, British Columbia, Postal Code: V1T9V2. The property is 2 acres in total.
The vacant land is currently listed at $4,490,000 and recently experienced a price decrease of $409000 on 2026-05-12 01:46:24..
