Rare commercial building opportunity in the heart of downtown Summerland, in an ideal spot on Main St. This prime property spans two titles and offers immense potential. The main level features 2,589 sq. ft. of commercial space, currently leased to excellent long-term tenants on a 5-year lease. Above the commercial space is a spacious 2,161 sq. ft. residential apartment with 5 bedrooms, 2 bathrooms, a large living room, dining area, and kitchen, laundry room, complete with a back deck. There are numerous options for the upper unit, including potential to convert it into multiple residential units to maximize rental income. Ample open parking is available in the back off the laneway. Don’t miss this versatile investment opportunity for this building in Summerland! Contact the listing Realtors for more information and to schedule your private viewing. All measurements taken from IGuide and to be verified by Buyer if needed. (id:2493)
Property Type:
Other
Common Interest:
Freehold
Total Living Area:
2,589 sq. ft.241 m2
Zoning:
Unknown
Taxes:
$6,827 /
-
Community:
Main Town
Exterior Features:
Stucco, Composite Siding
Community Features:
High Traffic Area
Structure Type:
Residential Commercial Mix
Half Bathrooms:
0
Roof:
Asphalt shingle, Other, Unknown
Fireplace:
No
Foundation:
Stone
Roof Style:
Asphalt shingle, Other, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Current Use:
Mixed use
Lot Size:
5,227 sq. ft.486 m2
Lot Details:
0.12
Parking:
Rear, Street
Total Parking Spaces:
6
Listed by RE/MAX Orchard Country
Data was last updated November 12, 2024 at 05:15 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.