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920 Nelson Avenue
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920 Nelson Avenue $1,050,000
$1,050,000
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920 Nelson Avenue
Nelson, British Columbia V1L2N9

MLS® Number: 10348063

Listing Description

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. (38672377)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Nelson
Title
Freehold
Land Size
0.16 ac|under 1 acre
Built in
1999
Annual Property Taxes
$8,452
Total Parking Spaces
13
Time on REALTOR.ca
36 days

Building

Bathrooms
Partial
0
Heating & Cooling
Heating Type
Baseboard heaters, (Electric), Forced air, See remarks
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Tar & gravel)
Exterior Finish
Concrete Block, Stucco
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Park, Recreation, Shopping
Parking
Total Parking Spaces
13

Measurements

Square Footage
3627 sqft

Land

Lot Features
Fencing
Chain link
Present Use
Mixed use
Other Property Information
Access
Easy access, Highway access
Zoning Type
Mixed
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
250-777-7493
REALTOR® Website
Email
Book showing
Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y8B7
250-860-1100
250-860-0595
Office Website
Tristan Chart