Address
#101 13224 VICTORIA Road, Summerland, BC
Price
$ 1,099,000
Property Attributes
  • ID#190896
  • TypeCommercial
  • CitySummerland
  • NeighbourhoodMain Town
  • Postal CodeV0H 1Z0
  • Style
  • Price$ 1,099,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Peter Byrnes with Re/max Penticton Realty - Dt
Data Source:
RLP - CREA EN
Property Description

Excellent income producing property in the heart of downtown Summerland. This upgraded 5750 sq ft building houses two quality tenants. Over half of the building is only two years old and was expanded to accommodate their brewery tenant. The building has received many recent improvements and they include: roof, HVAC, washroom facilities, plumbing and electrical. The building has two fresh triple net (3 year) leases in place. Tenants include: Maple Roch which is a longtime and successful Summerland business and Giants Head Brewing, Summerland's only craft brewery. 6.5% capitalization rate at asking price. Excellent building and tenants make this a great investment for the passive investor. Call for more information. (id:27)

Exterior Features

Jumpid 16036002
Mls 190896

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0H 1Z0

Price
AVG $570K
$1.1M
Visits
AVG 6
9
Year Built
AVG 1985
1960
Walkscore
AVG 68
70
Data Provided by Walkscore ® not using MLS data