magazine options
Request More Info
Chamberlain Property Group
Chamberlain Property Group
or Send Message
From:

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use prerecorded and artificial voices), and email, from HomesAndLand.com and our network of third party service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.


Offered by:
RE/MAX Penticton Realty

Advertisements
#101 -13224 Victoria Road North
Summerland, BC V0H 1Z0
MLS# 190896 ID: 70565373
$1,195,000
Print
Property Description
#101 - 13224 Victoria Road N, Summerland 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 Breakaway Brewery Summerland’s only craft brewery. 5.3 % capitalization rate at asking price. Excellent building and tenants make this a great investment for the passive investor. Call for more information.
Property Features
Status
Days On Market 130 days
Last Updated September 24, 2021
Market Status Available
Description
Property Type Commercial
Year Built 1960
Approx. Lot Size .2 Acres
Advertisements