9503 Cedar Avenue
Summerland, British Columbia
MLS® 10380375
$1,759,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 10380375
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2010
1 / 16Listing description
Turnkey mixed-use industrial investment in the growing Summerland, BC industrial corridor. This 6,430 sq ft building on a 0. 40-acre corner lot offers high visibility, excellent access, and 100% leased income with a diverse tenant mix supported by flexible zoning that allows uses beyond traditional industrial.
Built in 2010 and well maintained, this low-maintenance, cash-flowing asset is ideal for local or out-of-town investors seeking stable returns. The building features 6 equally sized bays, each with a 12’ x 10’ overhead loading door, 2-piece washroom, and dedicated hot water tank, making them highly desirable for small to mid-size businesses. Consistent full occupancy history demonstrates strong demand for this unit size in the market.
Additional highlights include ample on-site parking, efficient layout, and long-term tenant appeal. Future stratification potential offers added value and exit flexibility. Competitive cap rate and diversified tenancy make this an excellent addition to any commercial portfolio.
Prime location in Summerland’s emerging industrial area with convenient access to major routes and local services.
Property summary
- MLS® number
- 10380375
- Property type
- Industrial
- Building type
- Other
- Square footage
- 6,430 sq ft
- Title
- Freehold
- Land size
- 0.4 acres
- Built in
- 2010
- Annual property taxes
- $12,729.41
- Parking
- 11 spaces · Stall
- Days on market
- 153 days
Features & details
- Exterior features
- Stucco
What would this home cost you?
Based on the $1,759,000 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 Engel & Volkers South Okanagan, Penticton.
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.