3703 28a Street, Vernon
Outstanding redevelopment opportunity in Vernon’s downtown-adjacent area. This property is zoned CMUB (Commercial Mixed Use: Business), allowing for a wide variety of uses including multi-unit housing, mixed-use residential, office, retail, food and beverage, health services, and more. Notably, the zoning permits Small Scale Multi-Unit Housing on lots under 1,000 m² in this area, providing added flexibility for residential development. With density up to 3.5 FAR and height permitted to 6 storeys, the site offers excellent potential for a medium-scale mixed-use or residential project. The existing structure, approximately 842 sq ft on the main level with 2 bedrooms, 1 bathroom, and a kitchen, is currently used as office space. A full unfinished basement (764 sq ft) provides additional storage, offering holding income or interim usability while development plans are advanced. Positioned in a high-visibility location close to Vernon’s downtown core, this property is ideally situated to take advantage of the city’s ongoing growth and revitalization. A rare chance to secure a commercially zoned site with strong development upside. Note: Business occupying the property is not for sale. (id:1945)
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Property details for 3703 28a Street, Vernon
- Type
- Commercial
- Living Area
- 908 square feet
- Lot Size
- 0.1
- Parking
- Other, Rear, RV, Street, Additional Parking
- Heating
- Forced air
- Cooling
- Central air conditioning
- Annual Taxes
- $715
Nearby Listings Stat
Estimated price and comparable properties near 3703 28a Street
Active Listings
281
Min Price
$1,000
Max Price
$9,630,000
Avg Price
$855,821
Days on Market
130
days
Sold Listings
71
Min Sold Price
$229,000
Max Sold Price
$2,699,000
Avg Sold Price
$709,946
Days until Sold
98
days
Neighbourhood Census Data
Vernon, British Columbia / Colombie-Britannique
Population
423
Median Age
35.3
Median Income
$20,768
Dwelling Value
$129,831
Housing Tenure
Owners 30%
Renters 68%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 2,306.4/km²
Avg Shelter Cost: $818/mo
Owners with Mortgage: 73.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 59.4%
English only: 91.8%
French only: 1.2%
English and French: 5.9%
Neither: 1.2%
Median Household Income: $37,024
Median Employment Income: $22,891
Price History
Listed
April 9, 2026
by Oakwyn Realty Okanagan
Current Price
$619,000
Type
Commercial
For Sale
