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116 Vernon Street Nelson, British Columbia V1L 4E2

2740
Electric Baseboard Units

$1,159,000

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:13641)

Property Details

MLS® Number 2476036
Property Type Multi-family
Community Name Nelson
Amenities Near By Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Community Features High Traffic Area, Family Oriented
Features Central Location, Visual Exposure, Other

Building

Constructed Date 1901
Exterior Finish Wood Siding
Flooring Type Hardwood, Vinyl, Concrete
Heating Fuel Electric
Heating Type Electric Baseboard Units
Size Interior 2740
Utility Power Single Phase
Utility Water Municipal Water

Land

Access Type Easy Access, Highway Access
Acreage No
Land Amenities Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Sewer See Remarks
Size Total Text Under 1 Acre
Zoning Type Residential/commercial

https://www.realtor.ca/real-estate/26730780/116-vernon-street-nelson-nelson

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