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$1,588,000
106 Days On Site

9206 Shale Avenue
Summerland, BC V0H1Z2

For Sale|Industrial|Active
0
Beds
0
Total Baths
5,160
SqFt
$308
/SqFt
2010
Built
Subdivision:
Main Town
County:
Call Now: (250) 575-4804
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(250) 575-4804
9206 Shale Avenue9206 Shale Avenue9206 Shale Avenue9206 Shale Avenue
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Monthly Payment (Est.)

$7,245
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Outstanding industrial/commercial investment in Summerland. This 5,160 sq ft mixed-use building is designed like a duplex with two commercial units plus a top-floor caretaker residence. Currently leased by Crush Dynamics, an innovative food-tech company, the commercial units (101 & 102) generate $6,320/month, while the caretaker suite adds $700/month, for total revenue of $7,020/month, a 5.3% CAP rate. Tenants are month-to-month with intention to stay, providing immediate income and flexibility. A future owner could occupy one side while continuing to lease the other, or maintain the entire investment for steady returns. The building offers 4,693 sq ft of commercial space with workshops, offices, boardroom, along with a 467 sq ft residential suite and private deck. Two front-facing 14’H x 12’W bay doors and 19’ ceilings make the property adaptable to a wide range of operations. The paved yard features dual access, ample parking, and additional Seacan storage at the rear. Well maintained and situated in a key industrial area with excellent access, this property is a turnkey opportunity for investors or businesses seeking income, growth, and operational versatility. (id:31684)

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Listing Snapshot
Price 
$1,588,000
Days On Site 
106 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,160 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
2010
MLS® Number 
10362006
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.5
Property Sub Type 
Industrial
Sewer 
Public Sewer
SqFt Total 
5160
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Listing courtesy of: Joe Peters of Royal LePage Parkside Rlty Sml

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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