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Central Kootenay

Nelson

1516 Crease Avenue

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$1,199,000

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1516 Crease Avenue
Nelson, British Columbia V1L1A4

MLS^® Number: 10369829

Listing Description

An unparalleled investment opportunity awaits in Nelson's Rosemont neighborhood with this fully rented, revenue-generating mixed-use property, perfectly positioned across from Rosemont Elementary with high visibility and direct access to a city bus stop. The ground-floor commercial space is anchored by the long-established Rosemont Market Store, a community staple that draws consistent local traffic and occupies a functional 960 sq ft layout. In addition to this thriving business, the property offers three highly sought-after residential units, each benefiting from its own private, dedicated entrance. The residential mix includes a cozy one-bedroom unit and two spacious three-bedroom apartments, perfectly suited for the area's diverse rental pool. Investors will appreciate the secure cash flow provided by all units currently being occupied. Furthermore, the two larger three-bedroom units boast the amenity of in-suite laundry, significantly boosting their appeal and premium rental value. This offering is more than just real estate; it is a chance to secure a robust income stream from both commercial and residential tenants. (39499941)