Area: British Columbia
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Presenting a turnkey investment opportunity with a mixed-use industrial building offering approximately 6440 square feet of space on a .40-acre lot, ideally located on a high visibility corner in the busy and emerging industrial area of Summerland, BC. This versatile property is fully leased to a diverse mix of tenants taking advantage of the flexible zoning for the site which allows a diverse tenant mix beyond just industrial. Built in 2010, this building has been well cared for and will provide its new owners with a low maintenance cash flow investment, perfect for local or out of town investors. Each of the 6 bays has a 12'x10' loading door, 2 piece washroom and a dedicated hot water tank. Equally divided, these units are a great fit for a multitude of businesses and are in a highly desirable size as evidenced by the 100% occupancy rate for several years. This building may be stratified in the future, and currently offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:44056)

Property Details

Full Address:
9503 Cedar Avenue, Summerland, British Columbia
Price:
$ 1,779,000
MLS Number:
10358896
List Date:
August 13th, 2025
Lot Size:
0.4 ac
Year Built:
2010
Taxes:
$ 12,729

Interior Features

Building Features

Roof:
Other, Unknown
Zoning:
Light industrial
Exterior:
Stucco
Garage:
Stall
Garage Spaces:
11
Ownership Type:
Freehold
Taxes:
$ 12,729

Floors

Finished Area:
6430 sq.ft.

Land

Lot Size:
0.4 ac
Current Use:
Industrial

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Jonathan Wall Personal Real Estate Corporation Engel & Volkers South Okanagan
 604-202-3771
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Listing Agent(s)

Listing: Jonathan Wall
Engel & Volkers South Okanagan

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