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10110 Main Street, Summerland | $899,000

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.

Description

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.

General Info


MLS Listing ID: 10392923 Bedrooms: 0 Bathrooms: 0 Year Built: 1940
Parking: N/A Heating: Baseboard heaters, Forced air Lotsize: 0.12 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .