601 FRONT STREET , Nelson

$1,350,000 / MLS® Listing #:2442374

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Extremely well maintained commercial building in Nelson's down town core. 3 finished floors containing a combination of 25 retail and office units. This building is integral to Nelson's thriving small business sector. The building is currently professionally managed. Vacancies are infrequent and are generally filled immediately. All leases are month to month triple net. Heat and light are included in the rents. Current owners are very conscientious about keeping the premises in top condition and most rents have been maintained at present levels for 2-3 years. Gross rents are approx $150,000-$160,000 per year. There are 10 metered City parking stalls along south side of the building. 7 units have outside access. There are 4 entrances to the building; 1 from Front St and 3 from Josephine St. There is an open staircase from the main to the 2nd floor that is highlighted by a central skylight that creates a soothing light filled ambiance. There are 4 public washrooms (basement and main floors) and 3 additional in some units. Roof is approx 12-15 years old. (id:10452)

Property Details

Property Type Retail
Square Feet
Maintenance N/A
Days On Our Website 165
Lot Dimensions under 1 acre
Pool N/A
Area Nelson
Air Conditioning N/A
Heating Electric - Electric baseboard units
Sewers See remarks
Water Municipal water

Listing Office: Valhalla Path Realty

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