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9503 Cedar Avenue, Summerland, British Columbia, V0H 1Z2

MLS® # 10326724
Commercial For Sale In Summerland, British Columbia
$1,879,999
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
9503 Cedar Avenue, Summerland, BC
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MULTIMEDIA

ACTIVE
9503 Cedar Avenue, Summerland, British Columbia, V0H 1Z2
$1,879,999

Property Information:

Incredible opportunity to acquire an income producing industrial property in Summerland! This 0.4-acre site features one building, constructed in 2011, consisting of 6,430 square feet. There are 6 fully leased units, each of which feature a washroom, 12’ x 10’ overhead door, loading bay, and a ceiling mounted gas-fired heater. Tenants have access to 11 on-site, non-reserved parking stalls along with available street parking. The building has been meticulously maintained by the original ownership group. These desirable small bay industrial units are a great source for passive income in a market that experiences very low vacancy rates. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Other

Property Features:

  • Property Type: Industrial
  • Built in: 2011
  • Current Use: Industrial
  • Zoning Type: Industrial
  • Parking Type: Stall
  • No. of Parking Spaces: 11

Courtesy of: Venture Realty Corp.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 9503 Cedar Avenue, Summerland, British Columbia, V0H 1Z2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 9503 Cedar Avenue , experiences 7 hot days per year at around 32.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.6 degrees Celsius.

Projected Avg. Temperature

Past
32.8℃
2050
36.6℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 9503 Cedar Avenue , experiences 11 significant 2-day storms per year, with about 134.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 146.2mm of precipitation per year.

Precipitation Per Storm

Past
134.4mm
2050
146.2mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 9503 Cedar Avenue, Summerland, British Columbia, V0H 1Z2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$109,263.78

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.18 %

High school certificate or equivalent

30.35 %

Apprenticeship trade certificate/diploma

8.3 %

College/non-university certificate

25.63 %

University Degree

21.54 %

Commuter

Travel To Work

By Car

93.61 %

By Public Transit

0.0 %

By Walking

3.23 %

By Bicycle

0.0 %

By Other Methods

3.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.98 %

Houses

97.02 %

Own Vs. Rent

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