10122/24 MAIN Street
Summerland, British Columbia
MLS® 10396945
$949,900
- Status
- Active
- Property type
- Retail
- MLS® number
- 10396945
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 79Listing description
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.
Property summary
- MLS® number
- 10396945
- Property type
- Retail
- Building type
- Retail
- Square footage
- 7,408 sq ft
- Land size
- 0.18 acres
- Parking
- 4 spaces · Rear
- Days on market
- 20 days
Features & details
- Heating
- Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Exterior features
- Stucco, Other
- Community features
- High Traffic Area
What would this home cost you?
Based on the $949,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Parker Real Estate, Summerland.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.