Sean Phillips, REALTOR® / Coldwell Banker Executives Realty / Vernon, BC

Cell 778‑363‑0542Hotline 604‑227‑4810

Market & areas

The best Vernon locations for each type of business

The right district depends on how your customers arrive, what the zone allows and how much of your budget goes to rent. Here is a starting shortlist for ten kinds of business and investor, with the zone to look for and the catch in each.

How to use this page

Start with the zone, then the district, then the building. A perfect storefront in the wrong zone can't get a business licence, and the zone map doesn't follow district boundaries neatly. Use our zone finder to confirm, and see the district guide for full pros and cons.

Quick matrix
BusinessLook first inZones to target
Destination retail, QSRUptown / Anderson Way, Hwy 97CMUB, CMUC
Restaurant, café, boutiqueDowntown, Landing PlazaCMUC, CMUB, CMUN
Professional officeDowntown, CMUB corridorsCMUC, CMUB, CMUN
Medical, dental, therapyJubilee Hill, Downtown, Alexis ParkCMUN, CMUB, CMUC
Trades, contractors, fabricationIndustrial areasINDL
Brewery, distillery, food productionIndustrial areasINDL
AviationVernon Regional AirportINDA (leasehold)
Cannabis retailCorridors, Downtown, industrialCMUB, CMUC, INDL (not CMUN)
HotelPolson, Urban CentresCMUB, CMUC
Redevelopment investorDowntown, Uptown, PolsonCMUC

Destination retail and quick-service restaurants

If customers drive to you, go where the traffic already is. Uptown, around Village Green Shopping Centre and Anderson Way, is Vernon's regional shopping area, with anchors including Winners, Save-On-Foods, Sport Chek and Canadian Tire. The Highway 97 and 32 Street corridor adds through-traffic between Kelowna, Kamloops and the Shuswap.

The catch: the OCP now discourages new big-box stores and car-oriented uses in Uptown and wants buildings with shopfronts along Anderson Way and 27 Street. A new drive-through pad may face a harder approval than it would have five years ago. On the highway, new or changed accesses need provincial approval.

Restaurants, cafés and independent shops

Downtown's events calendar (the Sunshine Festival, Thursday Downtown Sounds in summer, Frostival in November) and its walkable grid suit businesses that live on atmosphere and repeat local customers. In Okanagan Landing, the new Save-On-Foods at Landing Plaza, open since 24 September 2026, gives surrounding units a daily-needs anchor. Neighbourhood CMUN sites on arterial roads suit a corner café with apartments above.

The catch: older downtown buildings may need venting, grease interceptors and accessibility upgrades for food use. Budget for them in the lease negotiation, not after.

Professional office

Lawyers, accountants, financial advisers and consultants cluster downtown near City Hall, banks and each other. Office is permitted in all five commercial and industrial zones, so there is also flexible space in CMUB plazas and even INDL flex buildings, often with easier parking.

The catch: administrative and professional services are 18% of Vernon's jobs, but there is no published office vacancy rate. Ask Sean for comparables before you accept an asking rent.

Medical, dental and therapy clinics

Jubilee Hill, built around Vernon Jubilee Hospital, is the natural home for clinics, labs and pharmacies, and the OCP supports mixed-use and workforce housing there. Health care is 15% of local employment, and a median age of 49 means steady demand. Around the new Active Living Centre at Alexis Park, the City has already leased its retail unit to a performance therapy business.

The catch: medical fit-outs are expensive, so negotiate a long term with renewal options, and check parking ratios.

Trades, contractors and light manufacturing

INDL is the zone: it allows outdoor storage, shipping container storage, light manufacturing and an operator dwelling, with buildings up to 15 m and FAR 2.0. The OCP protects industrial land and encourages "flexible industrial spaces" with partition walls, which suits small bays.

The catch: supply is tight. The City issued only 4 industrial building permits in 2024. Well-located bays with grade loading lease quickly and rarely reach the open market, so tell Sean your requirements early.

Breweries, distilleries and food production

INDL lists major alcohol production and outdoor sales, and the OCP calls breweries and warehouse sales "complementary" to industrial areas. Vernon already has a brewing pedigree: the City names Okanagan Spring Brewery among its made-in-Vernon success stories.

The catch: power, water, drainage and floor loads matter more than rent. Get the building's services confirmed during your subject period.

Aviation businesses

Vernon Regional Airport's INDA zone allows aircraft services, aerospace research and development, fuelling, office and light manufacturing. The land is City-owned and leased; a new standard lease template for new and renewed leases was approved in May 2026.

The catch: leasehold financing is harder, and buildings are capped at 10 m.

Cannabis retail

Cannabis retail and lounges are permitted in CMUB, CMUC and INDL but not in CMUN. A City cannabis retail licence costs $2,500 to apply plus $2,000 a year, on top of provincial licensing. Sean has worked on commercial cannabis facility licensing projects with Health Canada; for stores, production and processing properties across the province, see 420 Commercial Realtor.

Hotels and short-term accommodation

The OCP supports hotels in the Urban Centres, with height flexibility, and specifically in the Polson Village Centre, where amendments adopted in September 2026 allow 16 storeys or more with public benefits. CMUB and CMUC both list hotels. Jubilee Hill supports short-term accommodation near the hospital.

Franchisees and national tenants

Franchise systems usually hand you a site-selection checklist: population within a drive time, co-tenants, access, visibility and parking. Vernon's numbers help here. The City estimates about 106,000 people within 15 minutes and about 280,000 within an hour, and Village Green alone has more than 60 shops. Where the checklist and the City's plans collide, as with drive-throughs in Uptown, get the planning answer in writing before you commit to a franchise fee.

The catch: good pad sites and end caps trade quietly. Tell Sean your franchisor's criteria and he will screen listed and unlisted options against them.

Investors and developers

  • Income investors: multi-tenant plazas and industrial bays with recoverable NNN leases. Test every deal in the cap rate calculator.
  • Redevelopment: CMUC land in Downtown and Uptown (up to 16 storeys, FAR 5.0) and Polson (16+ with public benefits). The OCP encourages land assemblies near transit.
  • Waterfront: the Waterfront Village Centre has destination potential but airport height limits and dedication rules.
  • Edge of town: confirm City versus RDNO jurisdiction and ALR status first. Council refused the 580 Commonage Road OCP amendment in June 2026.

For opportunities elsewhere in BC, see Commercial Real Estate Group.

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Get current comps before you sign anything

No one publishes a reliable vacancy or lease rate for Vernon, so the numbers that matter come from recent deals. Sean Phillips started his career in commercial real estate and can pull sold and leased comparables, check a property's zone against your use, and tell you what a landlord or seller is likely to accept. Straight answers, no obligation.

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604‑227‑4810
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778‑363‑0542
Email
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