We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home
/
BC
/
Nelson
116 VERNON STREET
Directions Print
More Photos + 81
116 VERNON STREET $1,159,000
$1,159,000
Hide
Favourite

116 VERNON STREET
Nelson, British Columbia V1L4E2

MLS® Number: 2476036

Listing Description

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 leased at rents between $1,800 and $2,300 per month plus utilities, and the second floor available for immediate occupancy, this opportunity is perfectly suited for either residential or commercial buyers looking to occupy for their own use, or investors seeking rental income. (29206816)

Property Summary

Property Type
Multi-family
Community Name
Nelson
Title
Freehold
Land Size
under 1 acre
Built in
1901
Time on REALTOR.ca
68 days

Price and Sale History

Date Status Price
Oct 31, 2007 Sale Closed $10,607
Dec 2, 2003 Sale Closed $129,900
Nov 30, 1992 Sale Closed $77,000

Building

Interior Features
Flooring
Hardwood, Vinyl, Concrete
Building Features
Features
Central location, Visual exposure, Other
Heating & Cooling
Heating Type
Electric baseboard units (Electric)
Utilities
Utility-Hydro
Single Phase
Utility Sewer
See remarks
Water
Municipal water
Exterior Features
Exterior Finish
Wood siding
Neighbourhood Features
Community Features
High Traffic Area, Family Oriented
Amenities Nearby
Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores

Measurements

Square Footage
2740 sqft

Land

Other Property Information
Access
Easy access, Highway access
Zoning Type
Residential/Commercial
Data provided by: Kootenay Association of 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

Similar Listings

Tristan Chart