$4,490,000
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5480 Anderson Way, Vernon, BC V1T9V2

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Rare opportunity to acquire a close to 2-acre, flat and fully usable Commercial Mixed Use (CMUB) development site in Vernons highly sought-after North Anderson commercial corridor. CMUB zoning supports a wide range of mixed-use, residential, retail, office, hotel and institutional uses with building heights up to 6 storeys (buyer to verify). The level topography minimizes development complexity and construction costs, making this an ideal site for efficient high-density development. Excellent accessibility and exposure with close proximity to national retailers, restaurants, hotels, recreation facilities and growing residential neighbourhoods, driving strong long-term demand. Large parcels of this size and zoning are increasingly scarce in this district. This area is seeing active redevelopment interest, including a recently submitted 176-unit mixed-use residential project nearby. This confirms municipal support for density and long-term growth in the Anderson Way corridor. Outstanding opportunity for developers, investors or land banking in one of Vernons strongest growth nodes. (id:58753)

Listing By: Zona Chang - Oakwyn Realty Okanagan-Letnick Estates cncrea2 Realty.com
  • MLS® 10373658
  • Date Listed01/22/2026
  • Days on Realty 135 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 85,378 sq. ft
  • Sewer Public Sewer
  • Property Type Land
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 85,377.60
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V1T9V2

Discover key demographics, population statistics, and environmental insights for the Vernon, BC area.

Walkability in BC / V1T9V2

Source: Walk Score

44/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

49/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 10/100, Bike Score: 21/100.

Points of Interest near 5480 Anderson Way, Vernon, BC V1T9V2

Frequently Asked Questions for 5480 Anderson Way

Source: Realty.com

5480 Anderson Way, Vernon, BC V1T9V2 in Vernon, BC V1T9V2 is a land listed at $4,490,000. Realty.ca has 15 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 15 photos of 5480 Anderson Way.

The full address for this home is 5480 Anderson Way, Vernon, BC V1T9V2.

5480 Anderson Way has been listed on Realty.com since Thu January 22, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 10/100, Bike Score: 21/100.

Listing provided courtesy of: Oakwyn Realty Okanagan-Letnick Estates
Listing agent: Zona Chang

This content last refreshed on 2026-06-06 20:29:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.