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1516 Crease Avenue, Nelson, British Columbia, V1L 1A4

MLS® # 10369829
Commercial For Sale In Nelson, British Columbia
$1,199,000

None Beds

1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
1516 Crease Avenue, Nelson, BC
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MULTIMEDIA

1516 Crease Avenue, Nelson, British Columbia, V1L 1A4
$1,199,000

Property Information:

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. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix

Property Features:

  • Property Type: Other
  • Built in: 1963
  • Current Use: Mixed use
  • No. of Parking Spaces: 5

Courtesy of: Bennett Family Real Estate

REALTOR.ca  

Location of 1516 Crease Avenue, Nelson, British Columbia, V1L 1A4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: High

18 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 1516 Crease Avenue , experiences 7 hot days per year at around 29.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 33.3 degrees Celsius.

Projected Avg. Temperature

Past
29.3℃
2050
33.3℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

18 storms expected in 2050

83/100

High

ClimateCheck®

Current data

This property, 1516 Crease Avenue , experiences 14 significant 2-day storms per year, with about 336mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 18 significant 2-day storms with 396mm of precipitation per year.

Precipitation Per Storm

Past
336mm
2050
396mm

48-Hour Storms Per Year

Past
14
2050
18

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1516 Crease Avenue, Nelson, British Columbia, V1L 1A4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$102,700.75

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.14 %

High school certificate or equivalent

28.73 %

Apprenticeship trade certificate/diploma

11.45 %

College/non-university certificate

24.56 %

University certificate (below bachelor)

1.57 %

University Degree

24.55 %

Commuter

Travel To Work

By Car

85.97 %

By Public Transit

2.74 %

By Walking

10.74 %

By Bicycle

0.02 %

By Other Methods

0.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.82 %

Houses

73.18 %

Own Vs. Rent