Retail for Sale — Swan Lake West, Vernon, BC
$5,790,000
7920/7912 Highland Road, Vernon, BC V1H1W7
Property details
Structured details
- Annual property tax
- $30,242.33
- Lot dimensions
- 3.3
- Structure type
- Retail
- Parcel ID (PID)
- 003-188-027/017-421-900
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Water source
- Irrigation District
- Sewer
- Septic tank
- Heating
- Forced air, Other
- Cooling
- Central air conditioning
- Roof
- Metal, Unknown
- Exterior
- Metal
- Security
- Security system
- Lot features
- Level lot
- Fencing
- Chain link, Other
- Community features
- Family Oriented, High Traffic Area
Listing Information
- MLS®
- 10400212
- Listed
- September 9, 2026
- Time on market
- 5 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
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:63159)
Financing calculator
Estimate your monthly payment on the $5,790,000 asking price.
Financing details
- Monthly debt service
- $56,199
- Cash required at close
- $1,183,000
- 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
Top 10 mother tongues reported (single responses).
Other commercial property types for sale in Vernon
Looking to buy a business instead?
All in Vernon →Frequently asked questions
What is the asking price for this business?
The asking price is $5,790,000.
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 14, 2026.