9503 Cedar Avenue. Summerland, British Columbia V0H1Z2

$1,759,000

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Down Payment: Monthly Payment:
  • 6,430 SqFt
  • $273.56 / SqFt
  • Neighbourhood: Main Town
  • HOA: N/a
  • MLS® #: 10380375
  • Year Built: 2010

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Description

Turnkey mixed-use industrial investment in the growing Summerland, BC industrial corridor. This 6,430 sq ft building on a 0.40-acre corner lot offers high visibility, excellent access, and 100% leased income with a diverse tenant mix supported by flexible zoning that allows uses beyond traditional industrial. Built in 2010 and well maintained, this low-maintenance, cash-flowing asset is ideal for local or out-of-town investors seeking stable returns. The building features 6 equally sized bays, each with a 12’ x 10’ overhead loading door, 2-piece washroom, and dedicated hot water tank, making them highly desirable for small to mid-size businesses. Consistent full occupancy history demonstrates strong demand for this unit size in the market. Additional highlights include ample on-site parking, efficient layout, and long-term tenant appeal. Future stratification potential offers added value and exit flexibility. Competitive cap rate and diversified tenancy make this an excellent addition to any commercial portfolio. Prime location in Summerland’s emerging industrial area with convenient access to major routes and local services. (id:6289)

9503 Cedar Avenue - Subdivision Statistics

Avg. asking price $804,898
Price per sq. ft. $350
Median price $669,450
Number of homes for sale in Main Town 90
Number of homes for sale in Summerland 218
Avg. Days on Market N/A

Essential Information

  • Listing #10380375
  • Price$1,759,000
  • Square Footage6,430
  • Acres0.40
  • Year Built2010
  • TypeIndustrial
  • Sub-TypeOther

Amenities

  • Parking Spaces11
  • ParkingStall
  • GaragesStall

Listing Details

  • Listing OfficeEngel & Volkers South Okanagan

Community Information

  • Address9503 Cedar Avenue
  • AreaMain Town
  • SubdivisionMain Town
  • CitySummerland
  • ProvinceBritish Columbia
  • Postal CodeV0H1Z2

Exterior

  • ExteriorStucco
  • RoofOther, Unknown
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Chamberlain Property Group
Request a showing of 9503 Cedar Avenue, a bedroom, bathroom Other in Main Town, Summerland. Built in 2010 and approximately 6,430 square feet in size, MLS #10380375 is currently listed for $1,759,000. To schedule a property tour, contact us at KelownaHomes.ca