- ©MLS 10377024
- Area 3600 sq ft
Description
A landmark investment opportunity awaits on Nelson’s iconic Baker Street. This historic retail building is a cornerstone of the downtown core, offering a sophisticated turn-key addition to any commercial portfolio. There is a newly completed roof with all new plywood and flashing, as well as new air conditioning just installed. The property is currently leased by a highly reputable local clothing boutique that intends to remain, providing the new owner with immediate, reliable cash flow and a seamless transition of ownership. Defined by its classic charm, the interior boasts high ceilings and massive street-facing display windows that capture the eyes of the city’s consistent foot traffic. The building offers a 3,600 square foot main floor footprint, maximized for premium retail presence. For operational efficiency, the property includes a massive basement spanning the full footprint; while not full-height (approximately 6 feet), it offers an incredible volume of dry, secure storage rarely found in historic builds. Further utility is provided by a rear mezzanine for additional inventory and convenient alley access for effortless deliveries. This is perfect for those seeking the security of a proven tenant in a highly desirable geographic location where historic character meets modern commercial viability. Opportunities to acquire a stabilized income-producing asset of this caliber on Nelson's Baker Street are rare. Secure your future in the heart of Nelson! (id:48970) Show More
Details
- Property Type: Retail
- Type: Retail
- Neighbourhood: Nelson
Location
Similar Properties
For Sale
$ 4,000,000 $ 252 / Sq. Ft.
- 10354182 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 599,000 $ 373 / Sq. Ft.
- 10389879 ©MLS
- 3 Bedroom
- 2 Bathroom
For Sale
$ 465,000 $ 856 / Sq. Ft.
- 10377335 ©MLS
- 1 Bedroom
- 1 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Okanagan-Mainline Real Estate Board