9901 Main Street, Summerland, British Columbia

$1,549,000

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5,244

Square feet

About 9901 Main Street

**LIMITED TIME OFFERING** Previously listed at $1,599,000; now offered at $1,549,000. PRICED TO SELL. Rare opportunity to acquire a fully leased, income-producing commercial property in the heart of downtown Summerland at 9901 Main Street. This mixed-use asset comprises approximately 5,244 SF with five commercial tenants in place, including two ground-floor retail units and three office tenants, providing a diversified and stable income stream. Offered at an attractive approximate 6.3% capitalization rate, the property delivers immediate cash flow with future upside through rental growth, as select tenancies offer the ability to increase rents toward market over time. An excellent opportunity for investors seeking a fully stabilized, low-maintenance commercial asset in a supply-constrained downtown market with long-term appreciation potential. (id:6289)

More Info on this Summerland Rural Retail MLS® listing

9901 Main Street is a retail listing for sale in Summerland. The MLS® number is 10396799. It covers 5,244 square feet. It's currently listed for $1,549,000. For more details on MLS® 10396799, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Summerland Rural is available now!

Selling your Summerland Rural Retail property?

Have a similar home to 9901 Main Street? If you’re thinking about selling your Summerland Rural retail property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Summerland property.

Features of 9901 Main Street

Listing # 10396799
Price $1,549,000
Square Footage 5,244
Type Retail
Sub-Type Retail

Community Information

Address 9901 Main Street
Area Summerland Rural
Subdivision Summerland Rural
City Summerland
Province British Columbia
Postal Code V0H1Z0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeVenture Realty Corp.

Listing Map

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