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:47421)
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Detailed Information
Bedrooms
4
Bathrooms
4
Amenities Nearby
Stores, Schools, Highway, Shopping
Community Features
Family Oriented
Features
Central location, Visual exposure, Other, Skylight
Listing Contract Date
2024-04-09
Municipal ID
013-657-429
Ownership Type
Freehold
# of Parking Spaces
1
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view, Valley view, City view, Lake view
Zoning
Residential/Commercial
Building
Amenities
Storage - Locker, Balconies
Architectural Style
3 Level
Basement Development
Finished
Basement Features
Unknown
Basement Type
Unknown (Finished)
Constructed Date
1901
Construction Material
Wood frame
Cooling Type
Heat Pump
Exterior Finish
Wood siding
Fireplace Fuel
Gas
Fireplace Present
Yes
Fireplace Type
Conventional
Flooring Type
Concrete, Vinyl, Hardwood
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Stove, Electric baseboard units, Heat Pump, No heat
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