Property Info
Property Description
Rare opportunity to acquire a fully leased, income-producing commercial property in downtown Summerland at 9901 Main Street. The mixed-use building totals approximately 5,244 SF and is occupied by five commercial tenants, including two ground-floor retail units and three office tenancies, providing a diversified and stable income stream.
Ideally positioned on Main Street across from the Summerland Library, Memorial Park, and Summerland Secondary & Middle School, the property benefits from strong visibility, walkability, and consistent pedestrian traffic.
Offered at an attractive ~6.3% capitalization rate, the asset delivers immediate cash flow with upside through future rental growth in a supply-constrained downtown market
Full information package available upon signed Non-Disclosure Agreement (NDA).
- Transaction Type: For Sale
- Property Type: Mixed-use, fully leased income producing
- Zoning: CB1
- Size (approx.): Building: +/- 5,244 SF | Land: 0.17 Acres
- Price: $1,599,000
- MLS #: 10374366
No features currently listed.
