Industrial Land & Building

Industrial for Sale
Catylist Listing ID: 30210602
Property Subtypes: Industrial-Business Park, Manufacturing
Building Size (RSF): 8,900 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $1,390,000
Unit Price: $156.18 PSF
Ceiling: 18 ft.
Docks/Doors: 3 Doors
Office SF: 680 SF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2018

Overview / Comments

Located in an industrial park in Summerland BC, in the Southern Okanagan Valley, this 8,900 square foot building has 18 foot high ceilings, three 12 foot overhead doors and sits on a half-acre of fenced land. The property is zoned M1 light industrial and currently houses a manufacturing company called Southwest Forge Ltd. The building has recently added a 600 amp/three phase electrical system and high pressure natural gas line. On the ground floor is a 680 square foot office and showroom and a similar sized mezzanine upstairs. Excess yard space can be rented for additional income.

Land and building may be sold separately from the assets of the business (see listing #30210600).

NDA must be signed for further information.

Additional Details

Nearest CMA: Kelowna
Regional District: Okanagan-Similkameen
Parcel ID: 003-604-918
Zoning: M1 LIGHT INDUSTRIAL
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 8,900 SF
Property Condition: Good
Year Built: 2008
Roof Type: Flat
Construction/Siding: Metal Siding
Parking Type: Surface
Amps: 600
X-Phase: 3
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: Lot 12 Plan KAP16477 District Lot 454 Land District 41


Contact

Photograph of Listing Agent

Robert A. Wood

Coldwell Banker Horizon Realty Commercial First Member
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