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9901 Main Street Summerland, British Columbia V0H 1Z0

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$1,599,000

MLS® Number: 10374366

Rare opportunity to acquire a fully leased, income-producing commercial property in the heart of downtown Summerland at 9901 Main Street. This mixed-use asset comprises approximately 5,244 SF with five commercial tenants in place, including two ground-floor retail units and three office tenants, providing a diversified and stable income stream. The property is ideally positioned on Main Street, directly across from the Summerland Library, Memorial Park, and Summerland Secondary & Middle School, benefiting from strong visibility, walkability, and consistent pedestrian traffic driven by surrounding civic and educational uses. Offered at an attractive approximate 6.3% capitalization rate, the property delivers immediate cash flow with future upside through rental growth, as select tenancies offer the ability to increase rents toward market over time. An excellent opportunity for investors seeking a fully stabilized, low-maintenance commercial asset in a supply-constrained downtown market with long-term appreciation potential. (id:59126)

Property Details

MLS® Number 10374366
Property Type Retail
Neigbourhood Summerland Rural

Building

Constructed Date 1930
Size Interior 5,244 Ft2
Type Retail

Land

Acreage No
Size Total Text Under 1 Acre

https://www.realtor.ca/real-estate/29309674/9901-main-street-summerland-summerland-rural

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