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MLS® 10374366

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 5244 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 3
Approx. Age 1930
Avg. Price Per Sqft $304
MLS® Number 10374366

Property Address: 9901 Main Street Street, Summerland, BC, V0H1Z0

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully leased, income-producing commercial property in the heart of downtown Summerland at 9901 Main Street. This mixed-use asset comprises approximately 5, 244 SF with five commercial tenants in place, including two ground-floor retail units and three office tenants, providing a diversified and stable income stream. The property is ideally positioned on Main Street, directly across from the Summerland Library, Memorial Park, and Summerland Secondary & Middle School, benefiting from strong visibility, walkability, and consistent pedestrian traffic driven by surrounding civic and educational uses. Offered at an attractive approximate 6.3% capitalization rate, the property delivers immediate cash flow with future upside through rental growth, as select tenancies offer the ability to increase rents toward market over time. An excellent opportunity for investors seeking a fully stabilized, low-maintenance commercial asset in a supply-constrained downtown market with long-term appreciation potential. (id:58753)Show Description
MLS® Number10374366
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
9901 Main Street Street, Summerland, BC

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