MLS® 10380375

Industrial for Sale — Main Town, Summerland, BC

$1,759,000

9503 Cedar Avenue, Summerland, BC V0H1Z2

29
Walk Score
38
Bike
Walk Score® by Redfin
For SaleTurnkey
6,430 square feet
Floor area
0.4 acres
Lot size
2010
Year built
29
Walk Score
38
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Annual property tax
$12,729.41
Lot dimensions
0.4
Structure type
Other
Current use
Industrial
Parcel ID (PID)
007-732-201
Parking
11 spaces
Roof
Other, Unknown
Exterior
Stucco

Listing Information

MLS®
10380375
Listed
March 31, 2026
Time on market
167 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Turnkey mixed-use industrial investment in the growing Summerland, BC industrial corridor. This 6,430 sq ft building on a 0.40-acre corner lot offers high visibility, excellent access, and 100% leased income with a diverse tenant mix supported by flexible zoning that allows uses beyond traditional industrial. Built in 2010 and well maintained, this low-maintenance, cash-flowing asset is ideal for local or out-of-town investors seeking stable returns. The building features 6 equally sized bays, each with a 12’ x 10’ overhead loading door, 2-piece washroom, and dedicated hot water tank, making them highly desirable for small to mid-size businesses. Consistent full occupancy history demonstrates strong demand for this unit size in the market. Additional highlights include ample on-site parking, efficient layout, and long-term tenant appeal. Future stratification potential offers added value and exit flexibility. Competitive cap rate and diversified tenancy make this an excellent addition to any commercial portfolio. Prime location in Summerland’s emerging industrial area with convenient access to major routes and local services. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,759,000 asking price.

Financing details
Monthly debt service
$17,073
Cash required at close
$376,800
DSCR
Cash-on-cash return (yr 1)

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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

English88.9%
German2.3%
French1.3%
Punjabi (Panjabi)1.1%
Dutch0.6%
Tagalog (Pilipino, Filipino)0.4%
Spanish0.4%
Italian0.3%
Hungarian0.3%
Polish0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Parks (1)

  • Reid Park662m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Summerland

Frequently asked questions

What is the asking price for this business?

The asking price is $1,759,000.

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.