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Executive Summary

Positioned at one of Vernon’s most prominent and high-traffic intersections, this iconic former bank building presents a rare opportunity for visionary investors and developers. Stripped to its concrete core, the 24,000+ sq ft structure offers a true blank canvas ready for adaptive reuse or redevelopment. The main floor is ideally suited for a high-exposure commercial use such as a restaurant, retail concept, or entertainment venue, while the upper floors are already framed for residential micro-suites but could easily be reimagined as offices, boutique hotel rooms, or creative workspace. A rare original bank vault remains intact, offering a unique architectural feature that could become the centerpiece of a future concept. With strong pedestrian activity, exceptional visibility, and ongoing revitalization in downtown Vernon, this property offers significant upside for those looking to transform a landmark building into something truly special.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,381 SF
Building Class
B
Year Built
1968
Price
$2,541,573 USD
Price Per SF
$104.24 USD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
8,127 SF
Building FAR
3.73
Lot Size
0.15 AC
Zoning
C7
Exceptionally walkable
100/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
  • Listing ID: 40445122

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 3131 30 Ave, Vernon, BC V1T 2C4

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