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$ 995,000
Est. payment | /mo
2,589 SqFt
$ 995,000
Est. payment | /mo
2,589 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,589 sqft
Price per Sqft $384
Subdivision Main Town
MLS® Listing ID 10324478
Originating Board Association of Interior REALTORS®
Year Built 1940
Lot Size 5,227 Sqft
Acres 5227.2
Property Description
Rare commercial building opportunity in the heart of downtown Summerland, in an ideal spot on Main St. This prime property spans two titles and offers immense potential. The main level features 2,589 sq. ft. of commercial space, currently leased to excellent long-term tenants on a 5-year lease. Above the commercial space is a spacious 2,161 sq. ft. residential apartment with 5 bedrooms, 2 bathrooms, a large living room, dining area, and kitchen, laundry room, complete with a back deck. There are numerous options for the upper unit, including potential to convert it into multiple residential units to maximize rental income. Ample open parking is available in the back off the laneway. Don’t miss this versatile investment opportunity for this building in Summerland! Contact the listing Realtors for more information and to schedule your private viewing. All measurements taken from IGuide and to be verified by Buyer if needed. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Roof Type Unknown,Unknown
Total Parking Spaces 6
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Andy Katoch
Agent | License ID: LDKATOCAN