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:4069)
Address
10122/24 MAIN Street
List Price
$949,900
Property Type
Retail
Transaction Type
Sale
Area
British Columbia
Sub-Area
Summerland
Floor Area
7,408 Sq. Ft.
Lot Size
0.18 Sq. Ft.
Frontage Length
65 ft
MLS® Number
10396945
Listing Brokerage
Parker Real Estate
Postal Code
V0H1Z0
Parking Places (Total)
4
Site Influences
Shopping
Community Features
High Traffic Area
Heat Source
Electric
Heat Type
Forced air, See remarks
Cooling Features
Central air conditioning
Foundation Details
Stone, Preserved Wood
Water Source
Municipal water
Sewer
Municipal sewage system
