7920/7912 Highland Road

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:67197)

Price

$5,790,000

Property Type

Retail

Transaction Type

For sale

MLS® Number

10400212

Interior Size

24919 sqft

Year Built

1993

Building Type

Retail

Cooling

Central air conditioning

Exterior Finish

Metal

Fireplace

No

Heating

Forced air, Other

Interior Size

24919 sqft

Water

Irrigation District

Year Built

1993

Size Total

3.3 ac|1 - 5 acres

Acreage

Yes

Landscape Features

Level

Sewer

Septic tank

• Level lot
• Family Oriented
• High Traffic Area