- Active
Main Street
Oliver · Vacant Land
Listed by RE/MAX Wine Capital Realty · MLS® 10351529
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
PRIME COMMERCIAL OPPORTUNITY IN DOWNTOWN OLIVER Position your business or franchise for success with this high-profile 6,011 sq.ft. (0.138 ac) commercial lot 50 x 120 strategically located on the north end of Oliver’s main traffic corridor on highway 97. With exceptional highway visibility and alley access this property ensures maximum exposure for your enterprise, whether you're launching a boutique retail shop, professional office, or even a multi-use development with residential above. Zoned TC (Town Centre), this flexible zoning permits a wide range of commercial uses—including hotels—making it ideal for developers and business owners alike. Take advantage of zero setback requirements and a generous (59 ft) height allowance, providing excellent development potential. Full services available at lot line. Oliver offers a highly attractive business environment. Commercial property taxes are lower than in many urban centers, and the town is supported by a skilled local workforce rooted in agriculture, tourism, and service-based industries. The community is growing steadily, with increasing year-round tourism and residential demand adding to the market potential. Its strategic location along Highway 97, the main north-south route through the South Okanagan, ensures a steady flow of traffic and visibility. Don’t miss this rare opportunity to secure a valuable piece of Oliver’s vibrant and expanding commercial core.
Home facts
- Property type
- Vacant Land
- Area
- Oliver
- Listed
- June 10, 2025
- Structure
- Other
- Frontage
- 50 feet
- PID
- 012-866-628
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Community
- High Traffic Area
Rooms and building
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,895
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,162
Purchase snapshot
- List price
- $399,900
- Down payment
- $79,980 (20%)
- Estimated mortgage
- $319,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,228
- At 5.5719 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 54%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.