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Home BC Summerland
9503 Cedar Avenue
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9503 Cedar Avenue $1,879,999
$1,879,999
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9503 Cedar Avenue
Summerland, British Columbia V0H1Z2

MLS® Number: 10326724

Listing Description

Incredible opportunity to acquire an income producing industrial property in Summerland! This 0.4-acre site features one building, constructed in 2011, consisting of 6,430 square feet. There are 6 fully leased units, each of which feature a washroom, 12’ x 10’ overhead door, loading bay, and a ceiling mounted gas-fired heater. Tenants have access to 11 on-site, non-reserved parking stalls along with available street parking. The building has been meticulously maintained by the original ownership group. These desirable small bay industrial units are a great source for passive income in a market that experiences very low vacancy rates. (37905451)

Property Summary

Property Type
Industrial
Building Type
Other
Neighbourhood Name
Main Town
Land Size
0.4 ac|under 1 acre
Built in
2011
Parking Type
Stall
Time on REALTOR.ca
21 days

Building

Bathrooms
Partial
0
Parking
Parking Type
Stall
Total Parking Spaces
11

Measurements

Square Footage
6430 sqft

Land

Lot Features
Present Use
Industrial
Other Property Information
Zoning Type
Industrial
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Sol Benson