$1,759,000

9503 Cedar Avenue, Summerland

Main Town, Summerland, BC V0H1Z2

6,430 sq ft · Commercial

Listed by Engel & Volkers South Okanagan

About this property

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:67417)

Property details

Price

$1,759,000

MLS® number

10380375

Property type

Commercial · Other · Industrial

Ownership

Freehold

Living area

6,430 sq ft

Lot size

0.4 acres · 0.4

Year built

2010

Parking spaces

11

Annual taxes

$12,729

Community

Main Town, Summerland

Features

Parking

Stall

Roof

Other, Unknown

Exterior

Stucco

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