9901 Main Street

Offered at: $1,549,000

MLS®: 10396799

**LIMITED TIME OFFERING** Previously listed at $1,599,000; now offered at $1,549,000. PRICED TO SELL. 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. 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:6769)

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0
BATH(S)
BED(S)
5244
SQFT
YES
SHOWING AVAILABLE
Property Type:
Retail

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Office: 1 (250) 808-4846

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04 / 14 / 26
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Recent Testimonials

Hello neighbors and friends! Sadly, we will be leaving TR after nine wonderful years! It's time for a new chapter for us! Our home was sold by Tim in three weeks and just wanted to give him a shout out! He is the best agent we ever had! Very kind and polite! Informative and a great communicator! He fought for us all the way til closing! 10 stars!

- Robert & Susan W.