Property Description
HM Commercial Realty is pleased to present the rare opportunity to own a highly versatile commercial property offering industrial zoning and commercial usage with a permitted residential unit on a large 0.715 acre lot in beautiful Summerland.
HIGHLIGHTS
- Flexible multi-use property with industrial zoning permitting many commercial uses, plus a bright and spacious residential unit on a large 0.715 acre lot.
- Located only 2 minutes from downtown Summerland in the James Lake Industrial Park and backing onto picturesque Giants Head Mountain and Park providing breathtaking mountain views and peaceful surroundings.
- Two separate buildings totalling approx. 6,500 SF, with substantial renovations completed in 2015.
- Building #1 is 2-storeys with an industrial/commercial lower level and residential upper level, both with separate entrances.
- Building #1 Main Floor – Offers approx. 2,400 SF of flexible space boasting 10 foot ceilings, 3 overhead bay doors at grade, large separate kitchen, 4-piece bath, laundry, and fireplace.
- Building #1 Second Floor – Offers a bright and spacious 2,200 SF residential suite with 3 bedrooms, 2 full baths, granite kitchen, laundry, air conditioning, reverse osmosis water, with a deck off the front and large deck off the back with gorgeous views of Giant’s Head Mountain and Park.
- Building #2 is approx. 1,900 SF stand alone steel quonset-style industrial/commercial insulated shop with a concrete floor, water closet, utility sink, power, electric heat, air conditioning, and a 10×10 overhead door at grade.
- The entire property is fenced and has an upper storage compound that is also part of the property and is accessible by a service road that runs alongside the southern lot line.
- The lot is paved and offers an abundance of parking, with room for further development.
- Connected to city water and sewer and both buildings have the ability to use three phase power.
- This property will be delivered vacant on possession, offering a multitude of possibilities for an owner-user, or huge potential for an investor to realize multiple streams of income.
- The current M2 zoning permits intensive, light & general industrial uses, service commercial, storage, automobile sales & rentals, automotive/auto-body repair shop, contractor services, equipment rental, greenhouse & plant nurseries, eating & drinking establishment, winery & cidery, craft brewing & distilling, licensed cannabis production, recycling depot, research center and laboratory, and more.
- With such an abundance of options, the choice is yours on how to utilize this prime property.
- All measurements are approximate and were provided by the seller.