Outstanding industrial/commercial investment in Summerland. This 5,160 sq ft mixed-use building is designed like a duplex with two commercial units plus a top-floor caretaker residence. Currently leased by Crush Dynamics, an innovative food-tech company, the commercial units (101 & 102) generate $6,320/month, while the caretaker suite adds $700/month, for total revenue of $7,020/month, a 5.3% CAP rate. Tenants are month-to-month with intention to stay, providing immediate income and flexibility. A future owner could occupy one side while continuing to lease the other, or maintain the entire investment for steady returns. The building offers 4,693 sq ft of commercial space with workshops, offices, boardroom, along with a 467 sq ft residential suite and private deck. Two front-facing 14’H x 12’W bay doors and 19’ ceilings make the property adaptable to a wide range of operations. The paved yard features dual access, ample parking, and additional Seacan storage at the rear. Well maintained and situated in a key industrial area with excellent access, this property is a turnkey opportunity for investors or businesses seeking income, growth, and operational versatility. (id:58301)
| MLS® Number | 10362006 |
| Property Type | Industrial |
| Neigbourhood | Main Town |
| Constructed Date | 2010 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Other |
| Fire Protection | Security System |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Size Interior | 5,160 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Current Use | Industrial |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.5 |
| Size Total | 0.5 Ac|under 1 Acre |
| Size Total Text | 0.5 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/28826148/9206-shale-avenue-summerland-main-town
Contact us for more information
Joe Peters
(250) 494-0505
(250) 494-4222
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)