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$ 1,199,000
Est. payment | /mo
6,534 Sqft Lot
$ 1,199,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Main Town
MLS® Listing ID 10354066
Year Built 1971
Lot Size 6,534 Sqft
Acres 0.15
Source Association of Interior REALTORS®
Property Description
This nicely updated commercial building with several rental streams is centrally located in downtown Summerland! With a total of 9 units, 2 being vacant and 7 occupied by great tenants. The yearly rental income is over $76,000 per year with room to increase! 2 stories tall and situated on a good sized .15 acre corner lot with lane access and tons of parking in the rear. Main floor has an H&R Block office, bathroom, cabinet company and a school. Upstairs are 6 other office spaces, most are rented and all connected with common hallways leading to two stairwells down to the lower street level. There is a small kitchenette and bathroom on the upper level. A new roof is being installed in the next month and the whole building looks well taken care of. Excellent location with amazing future development potential! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Century 21 Assurance Realty Ltd
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada