801 FRONT STREET, Nelson | $4,725,000

Amazing investment opportunity of mixed industrial zoned city block in beautiful Nelson BC. Fantastic future development potential or lucrative holding property. Currently generating over $18,000+ a month in addition to triple net flow through and long term corporate style tenants. Almost all the units have separate individual natural gas heating. Light industrial zoned with possible commercial/residential development potential. Heavily built building could be expanded and renovated to fit all kind of uses. Potential to develop into mixed use. 180 views of the water from the upper levels. Rental income, holding property or development - You decide!

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Description

Amazing investment opportunity of mixed industrial zoned city block in beautiful Nelson BC. Fantastic future development potential or lucrative holding property. Currently generating over $18,000+ a month in addition to triple net flow through and long term corporate style tenants. Almost all the units have separate individual natural gas heating. Light industrial zoned with possible commercial/residential development potential. Heavily built building could be expanded and renovated to fit all kind of uses. Potential to develop into mixed use. 180 views of the water from the upper levels. Rental income, holding property or development - You decide!

General Info

MLS Listing ID: 2474813 Bedrooms: 0 Bathrooms: 0 Year Built: 1961

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .