Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (id:13843)
| MLS # | 10396945 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 92 |
| Listing Provided By | Parker Real Estate | Shelley Parker |
| SQ Feet | 7,408 |
|---|---|
| Acreage | 0.18 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Electric, See remarks |
| Fireplace Yes / No | No |
| Roof | Unknown, Metal, Unknown |
|---|---|
| Foundation Details | Stone, Preserved Wood |
| Parking Features | Rear |
|---|---|
| Parking Total | 4 |
| Utilities | Water, Sewer, Natural Gas, Electricity |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z0 |
| Listing VS Median (in V0H1Z0) | |
Price: $949,900 low | high Med: $650,000 sqft: 7,408 low | high Med: 1,653 $ / sqft: $128 low | high Med: $393 On site: 92 low | high Med: 3 | |
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z0 |
| Listing VS Median (in V0H1Z0) | |
Price: $949,900 low | high Med: $650,000 sqft: 7,408 low | high Med: 1,653 $ / sqft: $128 low | high Med: $393 On site: 92 low | high Med: 3 | |