7920/7912 Highland Road, Vernon
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:1945)
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Property details for 7920/7912 Highland Road, Vernon
- Type
- Commercial
- Living Area
- 24,919 square feet
- Lot Size
- 3.3
- Parking
- Oversize, Additional Parking
- Heating
- Forced air, Other
- Cooling
- Central air conditioning
- Exterior
- Metal
- Annual Taxes
- $30,242
Nearby Listings Stat
Estimated price and comparable properties near 7920/7912 Highland Road
Active Listings
30
Min Price
$135,000
Max Price
$5,790,000
Avg Price
$969,193
Days on Market
104
days
Sold Listings
5
Min Sold Price
$349,900
Max Sold Price
$1,325,000
Avg Sold Price
$769,880
Days until Sold
143
days
Neighbourhood Census Data
North Okanagan B, British Columbia / Colombie-Britannique
Population
441
Median Age
37.9
Median Income
$26,816
Dwelling Value
$174,118
Housing Tenure
Owners 54%
Renters 46%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,277.5/km²
Avg Shelter Cost: $910/mo
Owners with Mortgage: 68.2%
Owners Spending 30%+: 22.7%
Tenants Spending 30%+: 26.3%
French only: 76.1%
English and French: 22.7%
Median Household Income: $46,720
Median Employment Income: $26,048
Price History
Listed
September 9, 2026
by RE/MAX Vernon
Current Price
$5,790,000
-1.7% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $5,790,000 | $100,000 (-1.7%) |
| Jul 16, 2026 | $5,890,000 | $210,000 (-3.4%) |
| May 29, 2026 | $6,100,000 | Listed |
