A premier investment opportunity awaits with The Gateway Building, a substantial 13,350 sq ft commercial asset on a 19,875 sq ft lot in prime Nelson, BC. Strategically located on one of the busiest intersections in the city, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic—a critical feature for sustained commercial success. Zoned Core Commercial (C1), the property offers flexibility for various uses and exceptional long-term development potential. Investors will secure immediate, stable cash flow from an established, diverse tenant base, which currently includes an opticians, a thriving furniture and home decor store, a popular local brewery and office spaces. The building features nine fully occupied units: four large ground-level retail/service spaces and five professional upstairs offices, ensuring a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, The Gateway Building boasts a large private parking lot with over 15 spaces—a near impossibility to find in Nelson's downtown core—providing a massive competitive advantage for tenants and convenience for customers. This well-maintained commercial hub offers a unique chance to acquire a strategic, high-visibility asset with a robust income and significant upside potential in one of the Kootenays' most dynamic markets. Secure this vital piece of Nelson’s commercial landscape! (39366958)
Neighbourhood Name
Nelson
Annual Property Taxes
$45,857.70 (CAD)
Time on REALTOR.ca
59 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.