This nicely updated commercial building with several rental streams is centrally located in downtown Summerland! With a total of 9 units, 2 being vacant and 7 occupied by great tenants. The yearly rental income is over $76,000 per year with room to increase! 2 stories tall and situated on a good sized .15 acre corner lot with lane access and tons of parking in the rear. Main floor has an H&R Block office, bathroom, cabinet company and a school. Upstairs are 6 other office spaces, most are rented and all connected with common hallways leading to two stairwells down to the lower street level. There is a small kitchenette and bathroom on the upper level. A new roof is being installed in the next month and the whole building looks well taken care of. Excellent location with amazing future development potential! (id:23770)
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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®).
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®).
