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10110 Main Street, Summerland

MLS® #10392932
About this Property

Rare Downtown Summerland Commercial Opportunity! This is a unique chance to own a landmark mixed-use building in the heart of downtown Summerland. Ideally situated on Main Street with excellent visibility and foot traffic, this property has been home to successful bakeries since the 1940s and is a well-recognized part of the community. Situated on two titles, the property offers 2,589 sq. ft. of commercial space on the main level, currently occupied by the highly successful Summerland Bakehouse Co. Ltd., a thriving local business for more than 12 years. Above, you'll find a spacious 2,161 sq. ft. residential apartment featuring 5 bedrooms, 2 bathrooms, a generous living room, dining area, kitchen, laundry room, and a private rear deck. This versatile property presents numerous opportunities for investors and owner-occupiers alike. Continue utilizing the upper level as a rental residence or explore the potential for additional residential units to maximize income potential, subject to applicable approvals. Additional features include ample rear parking with convenient laneway access, excellent exposure, and a high-profile downtown location. Don't miss this rare opportunity to own one of Summerland's iconic mixed-use buildings. Contact the Listing REALTOR; today for more information and to arrange your private viewing. DUPLICATE LISTING. (id:62865)

Property Information

Status

Active

Year Built

1940

Property Type

Apartment

Ownership

Freehold

Parking Spaces

6

Annual Tax

$8,205

Parcel Number

012-178-748

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

5

Bathrooms

2

Living Area

2161 square feet

Exterior & Lot

Lot Size

0.12 acres

View

City view, Mountain view

Building & Utilities

Foundation

Stone

Roof

Asphalt shingle,Other,Unknown

Heating

Baseboard heaters, Forced air

Water Source

Municipal water

Sewer

Municipal sewage system

$899,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
2Baths
2161sqft
Listing Courtesy of

Office

RE/MAX Orchard Country

Mortgage Calculator
$179,800

Loan Amount:

$719,200

Estimated Monthly Payment:

$3,505

This is an estimate for informational purposes only. Consult with a financial advisor.