4,750 sqft

$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. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10392923
  Property Type	Other
  Neigbourhood	Main Town
  ParkingSpaceTotal	6

• Building

  Constructed Date	1940
  Foundation Type	Stone
  Heating Type	Baseboard Heaters, Forced Air
  Roof Material	Asphalt Shingle,other
  Roof Style	Unknown,unknown
  Size Interior	4,750 Sqft
  Type	Residential Commercial Mix
  Utility Water	Municipal Water

  Parking

  Street
  Rear

• Land

  Acreage	No
  Current Use	Mixed Use
  Sewer	Municipal Sewage System
  Size Irregular	0.12
  Size Total	0.12 Ac|under 1 Acre
  Size Total Text	0.12 Ac|under 1 Acre