53
$990,000 Sale
Listed 139 days ago
920 Nelson Avenue
· 0
· 0.0
· 13
· 3627
Key Facts
Key facts for 920 Nelson Avenue
Property Type
Commercial, Residential Commercial Mix
Parking
Garage: No, 13 parking
MLS #
10348063
Size
3627 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1999
Maintenance Fee
-
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 purchasi...ng 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:10452)
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Listing courtesy of: Royal LePage Kelowna
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