9504 ALDER Street,

Summerland, British Columbia V0H1Z8

$1,695,000

Commercial Property M2 zoning, .75 of acres, 6500 sq ft (130' x 50') prefab steel building which includes modular wall divisions and additional mezzanine space. 80% of the main building is currently occupied by a very well-established business. The remaining 20% (26' x 50') rental unit is currently tenanted. An additional 1,200 sq ft building is also tenanted. Fully fenced and secured. Gross rental income is currently at $108,600 annually. There are minimal expenses. A plan for expansion has previously been approved by the District of Summerland which does include the option for residential accommodations as well as more rental units (must be reapplied for). This property is ideally located in the James Lake Industrial area in Summerland. Ask listing representative for information package. (id:3942)
ID# 191629
Courtesy of Re/Max Orchard Country

Listed on: October 04, 2021

On market: 21 days
Get an instant Home Insurance Quote Online

Forced air

Year Built 2010
Heating Type Forced air
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate