2476036 | 116 VERNON STREET

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116 VERNON STREET
Nelson British Columbia , V1L4E2 , Canada

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Tristan Chart

Sales Representative

Phone: 250.860.1100

Email Me

Royal LePage Kelowna

Brokerage:

1 - 1890 COOPER ROAD

Kelowna, BC
V1Y8B7

Phone: 250.860.1100

Fax: 250.860.0595

Company Website

$1,159,000.00

MLS® 2476036

Investment

Floor Space (approx):	2740.00
Built in:	1901

Remarks:

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:27)

Property Features:

Access Type: Easy access , Highway access
Amenities Nearby: Shopping , Park , Airport , Public Transit , Recreation Nearby , Highway , Schools , Stores
Community Features: High Traffic Area , Family Oriented
Features: Central location , Visual exposure , Other
OwnershipType: Freehold
Property Type: Multi-family
Sewer: Sewer
Zoning Type: Residential/Commercial

Building Features:

Exterior Finish: Wood siding
Flooring Type : Hardwood , Vinyl , Concrete
Heating Fuel: Electric
Heating Type: Electric baseboard units
Utility Power: Single Phase

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Not intended to solicit properties currently listed for sale.

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