William Wright Commercial and Marcus & Millichap are pleased to present retail and office space available for lease at 3105 Coldstream Avenue, Vernon, B.C. (the “Subject Property”). Situated in the heart of downtown Vernon with direct access to the city’s primary thoroughfares of 25th Avenue and 32nd Street, the Subject Property offers two distinct opportunities in the heart of downtown Vernon. The 2,020 square foot ground floor retail suite provides street-level exposure and frontage along Coldstream Avenue, ideal for retail, service, or showroom users. The 1,850 square foot second floor office/event space offers a flexible layout for professional or event-based uses. Available separately, both suites share the building with Interior Health Authority, a provincial government anchor that drives steady daytime activity and adds tenancy stability in one of the Okanagan’s most active urban cores.

Property Highlights

• Downtown Vernon Location – Centrally located in the heart of downtown Vernon with convenient access to the city’s primary thoroughfares of 25th Avenue and 32nd Street, offering strong visibility and accessibility for tenants and customers alike.
• Government-Anchored Tenancy – Interior Health Authority, a BC provincial health authority, occupies approximately 40% of the building through March 30, 2030, driving steady daytime activity and adds tenancy stability in one of the Okanagan’s most active urban cores.

Vernon is a vibrant city of approximately 47,000 residents situated in the heart of the North Okanagan region of British Columbia, serving as the commercial, healthcare, and professional services hub for a broader trading area of more than 65,000 people. Strategically positioned between Kelowna and Kamloops along the Highway 97 corridor, Vernon offers businesses and investors strong regional connectivity, an established downtown core, and a high quality of life that continues to attract new residents and businesses alike.

Downtown Vernon is the city's primary urban centre, home to a diverse mix of retail, professional services, healthcare, and government tenants. The area benefits from consistent foot traffic, proximity to Vernon Jubilee Hospital, and a concentration of civic and health authority offices that anchor daytime population and support demand for commercial space. The Subject Property sits at the core of this activity, well-positioned to serve both the existing tenant base and the growing residential population surrounding the downtown.

Looking ahead, Vernon's growth outlook remains strong. The city's population is projected to grow by over 20 percent by 2041, supported by steady in-migration from higher-cost Metro Vancouver and Kelowna markets, expanding municipal infrastructure, and a pro-development approach to downtown densification. With CMUC zoning enabling high-density mixed-use redevelopment and the City actively encouraging investment in the downtown core, the Subject Property is well-positioned to benefit from Vernon's continued evolution as the Okanagan's northern urban centre.