Jody Andrews
Referral Partner
Questions? Call: (778) 760-9020
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:6289)
| Avg. asking price | $918,917 |
| Price per sq. ft. | $343 |
| Median price | $799,000 |
| Number of homes for sale in Main Town | 56 |
| Number of homes for sale in Summerland | 146 |
| Avg. Days on Market | N/A |
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Industrial
Summerland, British Columbia
For More Information, Please Click Brochure Button. Flexible Multi-use Property On A Large 0.72 Acre Lot In Summerland. Industrial Zoning Permits Many Commercial Uses, Including A Residential Unit. Two Separate Buildings Totaling Approximat ...(more)
Industrial
Summerland, British Columbia
Rare Opportunity To Own This .48 Acre Property With 7400 +/- Square Foot Stand Alone Building With Additional Fenced Yard, Office Area And Washrooms. One Minute From Hwy 97 For Easy Access, With Room For Large Vehicles. Two 10 X10 Foot Door ...(more)
Industrial
Summerland, British Columbia
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 Sum ...(more)
