9503 Cedar Avenue, Summerland
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:1945)
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Property details for 9503 Cedar Avenue, Summerland
- Type
- Commercial
- Living Area
- 6,430 square feet
- Lot Size
- 0.4
- Parking
- Stall
- Exterior
- Stucco
- Ownership
- Freehold
- Annual Taxes
- $12,729
Nearby Listings Stat
Estimated price and comparable properties near 9503 Cedar Avenue
Active Listings
111
Min Price
$149,900
Max Price
$3,744,000
Avg Price
$937,078
Days on Market
117
days
Sold Listings
19
Min Sold Price
$119,000
Max Sold Price
$1,895,000
Avg Sold Price
$837,716
Days until Sold
127
days
Neighbourhood Census Data
Summerland, British Columbia / Colombie-Britannique
Population
729
Median Age
46.3
Median Income
$37,632
Dwelling Value
$425,228
Housing Tenure
Owners 79%
Renters 23%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 171.5/km²
Avg Shelter Cost: $1,351/mo
Owners with Mortgage: 66%
Owners Spending 30%+: 23.4%
Tenants Spending 30%+: 23.1%
English only: 95.2%
English and French: 4.8%
Neither: 0.7%
Median Household Income: $81,152
Median Employment Income: $31,936
Price History
Listed
March 31, 2026
by Engel & Volkers South Okanagan
Current Price
$1,759,000
Type
Commercial
For Sale
