$890,000

920 Nelson Avenue, Nelson

Nelson, Nelson, BC V1L2N9

3,627 sq ft · Single-family home

Listed by Royal LePage Kelowna

About this property

Available for sale is 920 Nelson Avenue, located in Nelson, BC, a 100% leased +3,627 SF mixed-use building with three industrial units on the ground floor comprising ~3,088 SF, and a second-floor ~539 SF 1-BR residential suite, offering an exceptional opportunity for investors or businesses purchasing for their own use. Centrally located with prominent exposure to vehicle traffic along Nelson’s “Orange Bridge” (Highway 3A), the property offers exceptional brand profile and signage opportunities along Nelson’s busiest commercial corridor, with exposure to +10,000 vehicles per day. Key building features include ceiling heights up to 15.5 foot, front and rear site access, 200 amp three phase power, 3 x overhead loading doors, +/-13 on-site parking stalls, and fenced outside yard storage - collectively creating a highly flexible building suitable for a wide variety of potential industrial or commercial uses. Recent discussions with the City indicate strong potential for the addition of a second-storey with two additional 2-bedroom units and a strata conversion, offering multiple exciting value enhancement opportunities and redevelopment upside. All leases are on a month-to-month basis, maximizing the flexibility for a buyer to increase rents, occupy the space for themselves, or execute a redevelopment strategy. Download the brochure at the link below for more info. (id:67417)

Property details

Price

$890,000

MLS® number

10348063

Property type

Single-family home · Residential Commercial Mix · Other

Ownership

Freehold

Living area

3,627 sq ft

Lot size

0.16 acres · 0.16

Year built

1999

Parking spaces

13

Annual taxes

$8,452

Community

Nelson, Nelson

Features

Heating

Baseboard heaters, Forced air, Electric, See remarks

Roof

Tar & gravel, Unknown

Exterior

Stucco, Concrete Block

Community

High Traffic Area

Water

Municipal water

Sewer

Municipal sewage system

Fencing

Chain link

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