MLS® 10398127

Industrial for Sale — South Vernon, Vernon, BC

$2,650,000

1711 Kalamalka Lake Road, Vernon, BC V1T6V4

73
Walk Score
29
Transit
56
Bike
Walk Score® by Redfin
For SaleTurnkey
13,850 square feet
Floor area
0.83 acres
Lot size
73
Walk Score
29
Transit
56
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
0.83
Structure type
Other
Current use
Industrial
Parcel ID (PID)
005-393-507

Listing Information

MLS®
10398127
Listed
August 26, 2026
Time on market
19 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

1711 Kalamalka Lake Road is a unique opportunity to acquire a well-positioned multi-tenanted industrial INVESTMENT asset. Being one of the more desirable industrial products in the area, the property comprises approximately 13,850 SF of leased premises across five (5) tenancies with no current vacancies, providing investors with a ‘turn-key’ cash-flowing asset from a strong mix of established tenants. All tenant leases are secured until May 31, 2028, providing immediate secure cash flow. Offered at a 5.47% cap rate (based on 2026 NOI figures), the property is an attractive long-term asset for investors with immediate upside through current below-market existing rents, providing a massive opportunity to increase the income value of this asset amongst the current tenants. Additionally, the property occupies one of the more desirable industrial locations in Vernon, benefiting from excellent frontage along Kalamalka Road, pylon signage, convenient access and plenty of on-site parking. Its central location provides strong connectivity throughout Vernon and easy access to Highway 97 and surrounding commercial and industrial areas. 1711 Kalamalka Road offers investors a compelling combination of stable cash flow today and meaningful value-add potential for longer-term investors. Please contact listing agents for the NDA to receive the detailed rental roll and more information. Full leases and further due diligence items can be shared upon an accepted Contract of Purchase and Sale. (id:63159)

Financing calculator

Estimate your monthly payment on the $2,650,000 asking price.

Financing details
Monthly debt service
$25,721
Cash required at close
$555,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Vernon)

Population
44,519(+11% since 2016)
Population density
461.7/km²
Median household income
$73,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
17.4%
Postsecondary below bachelor's
35.5%
High school diploma
31.4%
No certificate/diploma
15.6%

Population aged 15 and over.

Commute

Car, truck or van
87.7%
Public transit
1.4%
Walked
7.1%
Bicycle
1.4%
Other
2.3%

Commute duration

Under 15 min
51.4%
15–29 min
29.4%
30–44 min
10.8%
45–59 min
4.4%
60+ min
4.0%

Employed labour force with a usual workplace.

Mother Tongue

English87.2%
German2.1%
French1.2%
Punjabi (Panjabi)1.2%
Tagalog (Pilipino, Filipino)0.7%
Russian0.7%
Dutch0.6%
Spanish0.5%
Ukrainian0.4%
Korean0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Grocery (1)

  • Save-On-Foods274m

Shopping (1)

  • Polson Place Mall318m

Parks (3)

  • 19th Avenue Tot Lot · 1904 19 Avenue336m
  • Armoury Park564m
  • Polson Park660m

Gyms (1)

  • Fitness West · 2203 Highway 6233m

Pharmacies (1)

  • Shoppers Drug Mart246m

Banks & ATMs (1)

  • RBC192m

Healthcare (2)

  • Interior Health648m
  • Vernon Jubilee Hospital738m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Vernon

Frequently asked questions

What is the asking price for this business?

The asking price is $2,650,000.

Where is this business located?

This listing is located in Vernon, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.