$ 949,900

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
10122/24 Main Street

Contact Agent Get in touch about 10122/24 Main Street, Summerland

Shelley Parker
Shelley Parker
Parker Real Estate