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$ 1,759,000
Est. payment /mo
Active
9503 Cedar Avenue Summerland, BC V0H1Z2
6,430 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6430
Square Footage 6,430 sqft
Price per Sqft $273
Subdivision Main Town
MLS® Listing ID 10380375
Year Built 2010
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Freehold
Property Description
Turnkey mixed-use industrial investment in the growing Summerland, BC industrial corridor. This 6,440 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. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Attached Garage No
Total Parking Spaces 11
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Engel & Volkers South Okanagan
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