Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (id:47421)
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Detailed Information
Lot
65 x 0 ft
Amenities Nearby
Shopping
Community Features
High Traffic Area
Listing Contract Date
2025-10-21
Municipal ID
012-179-353
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Retail
Transaction Type
For sale
Building
Constructed Date
1940
Cooling Type
Central air conditioning
Exterior Finish
Stucco, Other
Foundation Type
Stone, Preserved Wood
Heating Fuel
Electric
Heating Type
Forced air, See remarks
Roof Material
Unknown,Metal
Roof Style
Unknown,Unknown
Type
Retail
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Rear
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Sewer
Available
Water
Available
Land
Total Size
0.18 acres
Amenities
Shopping
Sewer
Municipal sewage system
Size of Irregular Land
0.18
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