Commercial $ 1,759,000

9503 Cedar Avenue

Summerland, BC V0H1Z2

  • 6,430 SqFt
  • 0.4 Lot Size
  • 2010 Year Built
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:24570)
Listed by Engel & Volkers South Okanagan

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Freehold

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 6430

    Square Footage 6, 430 sqft

    Price per Sqft $273

    Subdivision Main Town

    MLS Listing ID 10380375

    Year Built 2010

    Lot Size 0.400 Acres

    Acres 0.4

    Property Sub-Type Freehold

  • Location

    Province BC

  • Rooms

    Kitchen 0.0

  • Exterior

    Parking Features No

    View Y/N No

    Roof Type Unknown

    Attached Garage No

    Total Parking Spaces 11

    Garage No

    Private Pool No

  • Others

    Ownership Freehold

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