1516 Crease Avenue

Other For Sale in Nelson, British Columbia

$1,199,000
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:4069)
Address
1516 Crease Avenue
List Price
$1,199,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nelson
Lot Size
0.17 Ac.
Year Built
1963
MLS® Number
10369829
Listing Brokerage
Bennett Family Real Estate
Postal Code
V1L1A4

Request More Info or a Showing

Kevin Arcuri & Layla Precious

Coldwell Banker

Mobile: Kevin 250.354.2958

Office: Layla 250.354.3369

Toll Free:

Email Directly

593 Baker St Nelson BC V1L 4J1