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10122/24 MAIN Street, Summerland
2025-10-21
Quick Summary
MLS®#10366434
Property Description
Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Shopping
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Stucco, Other
- Fireplace: No
- Interior Size: 7408 sqft
- Building Type: Retail
- Utility Water: Municipal water
Land
- Land Size: 0.18 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Parker Real Estate
Listing information last updated on: 2025-11-12 19:26:46
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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