920 Nelson Avenue, Nelson, BC, V1L 2N9

MLS® # 10348063

Commercial For Sale In Nelson, British Columbia

$990,000

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920 Nelson Avenue, Nelson, BC, V1L 2N9

$990,000

Property Information:

Available for sale is 920 Nelson Avenue, located in Nelson, BC, a 100% leased +3,627 SF mixed-use building with three industrial units on the ground floor comprising ~3,088 SF, and a second-floor ~539 SF 1-BR residential suite, offering an exceptional opportunity for investors or businesses purchasing for their own use. Centrally located with prominent exposure to vehicle traffic along Nelson’s “Orange Bridge” (Highway 3A), the property offers exceptional brand profile and signage opportunities along Nelson’s busiest commercial corridor, with exposure to +10,000 vehicles per day. Key building features include ceiling heights up to 15.5 foot, front and rear site access, 200 amp three phase power, 3 x overhead loading doors, +/-13 on-site parking stalls, and fenced outside yard storage - collectively creating a highly flexible building suitable for a wide variety of potential industrial or commercial uses. Recent discussions with the City indicate strong potential for the addition of a second-storey with two additional 2-bedroom units and a strata conversion, offering multiple exciting value enhancement opportunities and redevelopment upside. All leases are on a month-to-month basis, maximizing the flexibility for a buyer to increase rents, occupy the space for themselves, or execute a redevelopment strategy. Download the brochure at the link below for more info.

Property Features:

Annual Tax Amount: $8,452
Built in: 1999
Community Features: High Traffic Location, Park, Recreation Area, Shopping
Construction Materials: Block, Concrete, Stucco
Cooling: None
Heating: Baseboard, Electric, Forced Air, Natural Gas, Separate Units
Lot Size: 7037.00 Square Feet
Roof: Tar/Gravel
Water Source: Public
Sewer: Public Sewer
No. of Parking Spaces: 13

This listing content provided by Association of Interior REALTORS.

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Notes:

Tristan Chart Personal Real Estate Corporation

Sales Representative Royal LePage Kelowna *

Office:250.860.1100

View All of Tristan's Listings

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Market Price Trends

All Properties

-7.53%

Price change (1 year)

34.29%

Price change (5 years)

Location of 920 Nelson Avenue, Nelson, BC, V1L 2N9

Lifestyle
Neighbourhood

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

29 hot days expected in 2050

Projected Precipitation Risk: High

18 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 920 Nelson Avenue , experiences 7 hot days per year at around 29.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.3 degrees Celsius.

Projected Avg. Temperature

Past

29.4℃

2050

33.3℃

# Hot Days Per Year

Past

2050

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, 920 Nelson Avenue , experiences 14 significant 2-day storms per year, with about 335mm 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 395mm of precipitation per year.

Precipitation Per Storm

Past

335mm

2050

395mm

48-Hour Storms Per Year

Past

2050

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.

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Demographic Information of 920 Nelson Avenue, Nelson, BC, V1L 2N9

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$124,843.12

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.96 %

High school certificate or equivalent

23.55 %

Apprenticeship trade certificate/diploma

11.77 %

College/non-university certificate

19.59 %

University certificate (below bachelor)

4.18 %

University Degree

31.95 %

Commuter

Travel To Work

By Car

68.53 %

By Public Transit

1.11 %

By Walking

15.59 %

By Bicycle

8.84 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.82 %

Houses

83.18 %

Own Vs. Rent

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920 Nelson Avenue, Nelson, BC, V1L 2N9 $990,000 MLS® # 10348063