Industrial for Sale — Main Town, Summerland, BC
$1,588,000
9206 Shale Avenue, Summerland, BC V0H1Z2
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $12,469.89
- Lot dimensions
- 0.5
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 017-477-662
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Forced air
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Exterior
- Other
- Security
- Security system
From the listing remarks
- Rent (stated)
- $3,322.5/mo
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 10362006
- Listed
- September 6, 2025
- Time on market
- 373 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Outstanding industrial/commercial investment opportunity in Summerland. This 5,160 sq ft mixed-use building on 21,823 sq ft (0.501 acres) is designed like a duplex, with two commercial units plus a top-floor caretaker residence (4,693 sq ft commercial + 467 sq ft residential). Unit 102 is currently occupied by Crush Dynamics at a base rent of $3,322.50/month on a triple-net basis, with estimated additional rent recoveries of $4.25/sq ft (~ $11,296.50/year), while Unit 101 is vacant and available for lease or owner occupancy. The caretaker suite generates an additional $700/month , bringing current base rental income to $4,022.50/month ($48,270/year). The vacant commercial unit provides immediate flexibility for an owner-user or the opportunity to increase rental income through a new tenancy. 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:63159)
Financing calculator
Estimate your monthly payment on the $1,588,000 asking price.
Financing details
- Monthly debt service
- $15,413
- Cash required at close
- $342,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Summerland)
- Population
- 12,042(+3.7% since 2016)
- Population density
- 162.6/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 20.9%
- Postsecondary below bachelor's
- 36.0%
- High school diploma
- 29.6%
- No certificate/diploma
- 13.4%
Population aged 15 and over.
Commute
- Car, truck or van
- 88.2%
- Public transit
- 0.4%
- Walked
- 7.2%
- Bicycle
- 1.1%
- Other
- 3.0%
Commute duration
- Under 15 min
- 43.5%
- 15–29 min
- 36.7%
- 30–44 min
- 10.7%
- 45–59 min
- 5.0%
- 60+ min
- 4.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Other commercial property types for sale in Summerland
Frequently asked questions
What is the asking price for this business?
The asking price is $1,588,000.
Where is this business located?
This listing is located in Summerland, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.