9206 Shale Avenue, Summerland, BC V0H1Z2
9206 Shale Avenue, Summerland, BC V0H1Z2,Video Tour
9206 Shale Avenue, Summerland, BC V0H1Z2
9206 Shale Avenue, Summerland, BC V0H1Z2
9206 Shale Avenue, Summerland, BC V0H1Z2
9206 Shale Avenue, Summerland, BC V0H1Z2
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Roshan Basnet

Roshan Basnet

+1(647) 818-7373
$ 1,588,000
Est. payment | /mo

5,160 SqFt

Save Virtual Tour
$ 1,588,000
Est. payment | /mo
Save Virtual Tour

5,160 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5160

Square Footage 5,160 sqft

Price per Sqft $307

Subdivision Main Town

MLS® Listing ID 10362006

Year Built 2010

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Freehold

Property 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://my.matterport.com/show/?m=aug5WrXAAeZ

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Listed by Royal LePage Parkside Realty

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Roshan Basnet

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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9206 Shale Avenue