10122/24 Main Street, Summerland
Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (id:1945)
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Property details for 10122/24 Main Street, Summerland
- Type
- Commercial
- Living Area
- 7,408 square feet
- Lot Size
- 0.18
- Parking
- Rear
- Heating
- Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Exterior
- Stucco, Other
Nearby Listings Stat
Estimated price and comparable properties near 10122/24 Main Street
Active Listings
111
Min Price
$149,900
Max Price
$3,245,000
Avg Price
$853,000
Days on Market
107
days
Sold Listings
21
Min Sold Price
$95,000
Max Sold Price
$2,499,000
Avg Sold Price
$811,500
Days until Sold
120
days
Neighbourhood Census Data
Summerland, British Columbia / Colombie-Britannique
Population
589
Median Age
58.6
Median Income
$24,560
Dwelling Value
$299,694
Housing Tenure
Owners 74%
Renters 28%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 1,938.1/km²
Avg Shelter Cost: $782/mo
Owners with Mortgage: 38.6%
Owners Spending 30%+: 15.9%
Tenants Spending 30%+: 50%
English only: 94.7%
English and French: 4.4%
Neither: 0.9%
Median Household Income: $40,768
Median Employment Income: $17,344
Price History
Listed
August 6, 2026
by Parker Real Estate
Current Price
$949,900
Type
Commercial
For Sale