$5,790,000 Sale

Listed 33 days ago

7920/7912 Highland Road

MLS® 10400212 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 24919

Est. mortgage

$21,965/mo

Key Facts

Key facts for 7920/7912 Highland Road

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

10400212

Size

24919 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1993

Maintenance Fee

Description

Exceptional investment opportunity featuring one of the North Okanagan's premier commercial gateway properties. Strategically positioned along the Hwy 97 corridor with over 40,000 vehicles passing daily (Ministry of Transportation), the property enjoys exceptional visibility from southbound Hwy 97,... where unobstructed sightlines provide motorists with an elevated view for several hundred meters before the Highland Road access. This landmark location combines outstanding exposure, excellent accessibility and long established regional recognition. The property is improved with approximately 24,919 sq. ft. of retail, office, warehouse, cold storage on a fully developed commercial site provides exceptional flexibility for investors owner operators or future redevelopment , subject to applicable approvals. Currently under a triple net lease generating approximately $331,000 in annual base rent, the property offers dependable income while allowing purchasers to evaluate investment performance using their own underwriting assumptions. Extensive recent capital improvement incudes a metal roof (2022) three rooftop HVAC units (2025) LED lighting, automatic entry doors, commercial kitchen exhaust and fire suppression, data rewiring, parking and security fencing. Regional community sewer is underway along the Hwy 97 corridor. Adjacent property with 2.3 acres may be willing to sell too. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

24919 sqft

Heating Type

Forced air, Other

Air Conditioning

Central air conditioning

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

24919 sqft

Heating Type

Forced air, Other

Air Conditioning

Central air conditioning

Full Bathrooms

Half Bathrooms

Exterior

Acreage

3.3 ac|1 - 5 acres

Parking Spaces

Garage Spaces Y/N

Roof Material

Metal

Acreage

3.3 ac|1 - 5 acres

Parking Spaces

Garage Spaces Y/N

Roof Material

Metal

Building Description

Home Type

Commercial

Subtype

Retail

Year Built

1993

Exterior

Metal

Sewers

Septic tank

Water Supply

Irrigation District

Fire Protection

Security system

Home Type

Commercial

Subtype

Retail

Year Built

1993

Exterior

Metal

Sewers

Septic tank

Water Supply

Irrigation District

Fire Protection

Security system

Community

Swan Lake West

Area Code

Vernon

Features

Family Oriented, High Traffic Area

Community

Swan Lake West

Area Code

Vernon

Features

Family Oriented, High Traffic Area

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Norm Brenner

Email: [email protected] Cell: 250-938-0421