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Kevin Morrison
kevin.morrison@engelvoelkers.com$ 8,411,300
Est. payment | /mo
43,217 SqFt
$ 8,411,300
Est. payment | /mo
43,217 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 43217
Square Footage 43,217 sqft
Price per Sqft $194
Subdivision City Of Vernon
MLS® Listing ID 10394356
Year Built 1959
Lot Size 0.850 Acres
Acres 0.85
Property Description
Offered for the first time in over a generation, this landmark downtown Vernon property is far more than a commercial investment—it is an offering to steward one of the city's most enduring legacy assets. Originally constructed in 1959 as the home of Vernon's premier Eaton's department store, the building became a defining anchor of the downtown core, the beginning of a story that has shaped the city's commercial landscape for more than six decades. Occupying nearly one acre of prime downtown real estate, the property is improved with a meticulously maintained mixed-use building comprising 36,000+ square feet of leasable area, an exceptional 51 on-site parking stalls, plus street parking—a rarity in the urban core. The site benefits from Mixed Use – High Density Commercial & Residential designation under the Official Community Plan. Today, the asset is anchored by Nature's Fare Markets, the flagship Vernon location of the respected Pattison Food Group banner, providing the security and stability associated with a premier AAA covenant tenant. Carefully stewarded through decades of ownership, benefited from ongoing capital improvements and professional management, preserving both its architectural character and its institutional-quality investment profile. One of Vernon's most recognizable commercial holdings—an irreplaceable legacy asset poised to serve the community for generations ahead. This is a once-in-a-generation offering. Note,Businesses Leasing are not part of sale. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating , Heat Pump
Cooling Heat Pump
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Total Parking Spaces 51
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Listed by Engel & Volkers Okanagan
NEARBY SCHOOL & BUSINESS
kevin.morrison@engelvoelkers.com
1429 Ellis Street, Unite States