3802 32 Avenue, Vernon, British Columbia

About 3802 32 Avenue

INVESTMENT ALERT! Exceptional 0.22-acre city lot with lane access in the heart of Vernon, offering character-filled living paired with massive development potential. Zoned MSH (Medium Scale Housing), this high-density parcel allows for a max Floor Area Ratio (FAR) up to 3.0, unlocking over 28,000 sq ft of buildable floor area for multi-family projects. The existing home provides immediate holding value, and could generate up to $2000/month in rental income while you finalize your development plans. Inside, the character-filled main level boasts inviting 9-foot ceilings, sun-filled living spaces, updated windows, and a brand-new electrical panel. The basement expands your usable footprint with a dedicated den and a large built-in hobby workbench. Outside, this large, centrally-located city lot is fully fenced, beautifully landscaped, and exceptionally private. A detached garage provides secure storage, while dedicated RV hookups add ultimate convenience for travelers or extra vehicles. Much of the infrastructure groundwork is already completed including recently updated municipal roads, sidewalks, stable alley access, and critical services are already brought directly to the lot line. Location is unbeatable for future tenants—situated in an evolving residential growth zone just minutes walking distance from downtown Vernon, local boutique shopping, public transit, parks, and the Schubert Centre. A smart, versatile buy for developers, builders, and holding investors alike. (id:36535)

Listing Map