9206 Shale Avenue,Summerland, BC V0H1Z2
Summerland, BC V0H1Z2
Description
Outstanding industrial/commercial investment opportunity in Summerland. This 5,160 sq ft mixed-use building on 21,823 sq ft (0.501 acres) is designed like a duplex, with two commercial units plus a top-floor caretaker residence (4,693 sq ft commercial + 467 sq ft residential). Unit 102 is currently occupied by Crush Dynamics at a base rent of $3,322.50/month on a triple-net basis, with estimated additional rent recoveries of $4.25/sq ft (~ $11,296.50/year), while Unit 101 is vacant and available for lease or owner occupancy. The caretaker suite generates an additional $700/month , bringing current base rental income to $4,022.50/month ($48,270/year). The vacant commercial unit provides immediate flexibility for an owner-user or the opportunity to increase rental income through a new tenancy. Two front-facing 14'H x 12'W bay doors and 19' ceilings make the property adaptable to a wide range of operations. The paved yard features dual access, ample parking, and additional Seacan storage at the rear. Well maintained and situated in a key industrial area with excellent access, this property is a turnkey opportunity for investors or businesses seeking income, growth, and operational versatility. (id:13843)
Details
| MLS # | 10362006 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Year | 2010 |
| Days On Site | 414 |
| Listing Provided By | Royal LePage Parkside Realty | Joe Peters |
Features
| SQ Feet | 5,160 |
|---|---|
| Acreage | 0.50 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Exterior
| Security Features | Security system |
|---|---|
| Roof | Asphalt shingle, Unknown |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 12469.89 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z2 |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z2 |
 | $1,875,0009200 Shale AvenueSummerland, BC V0H1Z2 |
