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Home BC Okanagan-Similkameen Summerland
10122/24 MAIN Street
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10122/24 MAIN Street $949,900
$949,900
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10122/24 MAIN Street
Summerland, British Columbia V0H1Z0

MLS® Number: 10366434

Listing Description

Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (39382439)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Main Town
Title
Freehold
Land Size
0.18 ac|under 1 acre
Built in
1940
Annual Property Taxes
$10,111.55
Parking Type
Rear
Time on REALTOR.ca
55 days

Building

Bathrooms
Partial
0
Building Features
Foundation Type
Stone, Preserved Wood
Heating & Cooling
Cooling
Central air conditioning
Heating Type
(Electric), Forced air, See remarks
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown, Metal
Exterior Finish
Stucco, Other
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Shopping
Parking
Parking Type
Rear
Total Parking Spaces
4

Measurements

Square Footage
7408 sqft

Land

Lot Features
Frontage
65 ft
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Shelley Parker