9901 Main Street, Summerland, British Columbia V0H 1Z0

Listed for:
$1,549,000
0 beds
0 baths
Listed 10 days ago
Retail for rent: 9901 Main Street, Summerland, British Columbia V0H 1Z0

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About

**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:27476)

Property Highlights

MLS® Number
10396799
Type
Retail
Land Size
under 1 acre

Building

Building Type
Retail
Square Footage
5244 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Venture Realty Corp.
MLS® number:
10396799
Agent:
Christopher Wills
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