7920/7912 Highland Road

7920/7912 Highland Road · Vernon · Retail · $5,890,000 · MLS 10380845

Vernon, British Columbia
C$5,890,000
For sale
7920/7912 Highland Road

7920/7912 Highland Road is located in Vernon. Property snapshot: Retail, listed at $5,890,000, MLS 10380845. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 92. Latest recorded list price 5890000.00; 1 price change(s) on f

List Price: $5,890,000
MLS: 10380845
Interior Size: 24,919 sqft
Days on Site: 92
Price History: Latest recorded list price 5890000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 7920/7912 Highland Road?

Start by reading this listing in its Vernon context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 7920/7912 Highland Road?

This page shows a list price of $5,890,000 with MLS 10380845.

What type of home is this Vernon listing?

The page shows Retail at 7920/7912 Highland Road. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 92 days on market/site. Latest recorded list price 5890000.00; 1 price change(s) on file.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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. Rarely does an opportunity combine stable triple net income, exceptional exposure, extensive infrastructure and a strategic commercial location (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1993
Year Built
33 years
Age
92
Days on Site
24,919 sqft
Interior Size
C$236
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29610338 (10380845)

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Site Context

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Property Summary

Price: C$5,890,000

PID: 003-188-027

Days on Site: 92 days

Added to BurnabyHouse: 2026-04-15

Updated on: 2026-07-14 02:02 PM PDT

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Lot info

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Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 14 Jul 2026 01:33:07 PM PDT

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Listing Office: RE/MAX Vernon

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