13201 Victoria Road Summerland, British Columbia V0H 1Z0

$1,199,000

This nicely updated commercial building with several rental streams is centrally located in downtown Summerland! With a total of 9 units, 2 being vacant and 7 occupied by great tenants. The yearly rental income is over $76,000 per year with room to increase! 2 stories tall and situated on a good sized .15 acre corner lot with lane access and tons of parking in the rear. Main floor has an H&R Block office, bathroom, cabinet company and a school. Upstairs are 6 other office spaces, most are rented and all connected with common hallways leading to two stairwells down to the lower street level. There is a small kitchenette and bathroom on the upper level. A new roof is being installed in the next month and the whole building looks well taken care of. Excellent location with amazing future development potential! (id:23267)

Property Details

MLS® Number 10354066
Property Type Other
Neigbourhood Main Town
Amenities Near By Golf Nearby, Recreation, Schools, Shopping
Community Features High Traffic Area

Building

Constructed Date 1971
Heating Fuel Electric
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

See Remarks
Rear

Land

Acreage No
Current Use Mixed Use
Land Amenities Golf Nearby, Recreation, Schools, Shopping
Sewer Municipal Sewage System
Size Irregular 0.15
Size Total 0.15 Ac|under 1 Acre
Size Total Text 0.15 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/28532929/13201-victoria-road-summerland-main-town

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