116 Vernon Street offers a rare opportunity to acquire a commercially zoned 3-unit residential multi-plex with iconic positioning at the heart of Downtown Nelson, BC, just one block from Baker Street. Offering permanently unobstructed mountain and lake views, and completely retrofitted in 2005, the building features total rentable area of ~2,710 SF across 3 units, including a modern 3rd floor 1-bedroom plus loft, and 1st and 2nd floor commercial units originally designed for residential use, providing immediate and efficient residential reconversion potential via re-addition of the kitchens. The building has been exceptionally managed and maintained since 2005, and represents one of the most attractive landmarks along Vernon Street. With two units currently vacant, and the ground floor leased on a month-to-month basis, this opportunity is perfectly suited for either residential or commercial buyers looking to occupy for their own use, or investors seeking rental income. (id:35966)
Listing Details
Property Details
- Full Address:
- 116 VERNON STREET, Nelson, British Columbia
- Price:
- $ 1,159,000
- MLS Number:
- 2476036
- List Date:
- April 10th, 2024
- Neighbourhood:
- Nelson
- Year Built:
- 1901
Interior Features
- Flooring:
- Concrete, Hardwood, Vinyl
- Heating:
- Electric baseboard units, Electric
Building Features
- Sewer:
- See remarks
- Water:
- Municipal water
- Power:
- Single Phase
- Zoning:
- Residential/Commercial
- Exterior:
- Wood siding
- Ownership Type:
- Freehold
Floors
- Finished Area:
- 2740 sq.ft.
Land
Neighbourhood Features
- Amenities Nearby:
- Family Oriented, High Traffic Area
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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