$995,000

Commercial For Sale In Summerland, British Columbia

$995,000

Property Information:

Rare commercial building opportunity in the heart of downtown Summerland, in an ideal spot on Main St. This prime property spans two titles and offers immense potential. The main level features 2,589 sq. ft. of commercial space, currently leased to excellent long-term tenants on a 5-year lease. Above the commercial space is a spacious 2,161 sq. ft. residential apartment with 5 bedrooms, 2 bathrooms, a large living room, dining area, and kitchen, laundry room, complete with a back deck. There are numerous options for the upper unit, including potential to convert it into multiple residential units to maximize rental income. Ample open parking is available in the back off the laneway. Don’t miss this versatile investment opportunity for this building in Summerland! Contact the listing Realtors for more information and to schedule your private viewing. All measurements taken from IGuide and to be verified by Buyer if needed. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Exterior Finish: Stucco
  • Foundation Type: Stone
  • Roof Material: Asphalt shingle, Roof Material
  • Roof Style: Unknown, Unknown

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Amenities Nearby: Shopping
  • Built in: 1940
  • Community Features: High Traffic Area
  • Current Use: Mixed use
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Street, Rear
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Orchard Country

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.