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- Status:
- Active
- Prop. Type:
- Industrial
- MLS® Num:
- 10362006
- Build. Type:
- Other
- Photos (34)
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Outstanding industrial/commercial investment opportunity in Summerland. This 5,160 sq ft mixed-use building on 21,823 sq ft (0.501 acres) is designed like a duplex, with two commercial units plus a top-floor caretaker residence (4,693 sq ft commercial + 467 sq ft residential). Unit 102 is currently occupied by Crush Dynamics at a base rent of $3,322.50/month on a triple-net basis, with estimated additional rent recoveries of $4.25/sq ft (~ $11,296.50/year), while Unit 101 is vacant and available for lease or owner occupancy. The caretaker suite generates an additional $700/month , bringing current base rental income to $4,022.50/month ($48,270/year). The vacant commercial unit provides immediate flexibility for an owner-user or the opportunity to increase rental income through a new tenancy. 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:2493)
- Property Type:
- Industrial
- Common Interest:
- Freehold
- Total Living Area:
- 5,160 sq. ft.479 m2
- Taxes:
- $12,469.89 / -
- Community:
- Main Town
- Exterior Features:
- Other
- Security Features:
- Security system
- Structure Type:
- Other
- Roof:
- Asphalt shingle, Unknown
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Heating:
- Forced air
- Roof Style:
- Asphalt shingle, Unknown
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Current Use:
- Industrial
- Lot Size:
- 0.5 acre(s)0.2 hectare(s)
- Lot Details:
- 0.5
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Listed by Royal LePage Parkside Realty
Data was last updated September 24, 2026 at 05:15 AM (UTC)
- AL VANDERMEY
- ROYAL LEPAGE PARKSIDE REALTY
- 250-809-4400
- Contact by Email
- SHANNON VANDERMEY
- ROYAL LEPAGE PARKSIDE REALTY
- 250-809-4600
- Contact by Email
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