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$ 695,000
Est. payment /mo
New
415-421 Broadway Street Nakusp, BC V0G1R0
2,270 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2270
Square Footage 2,270 sqft
Price per Sqft $306
Subdivision Nakusp
MLS® Listing ID 10404209
Year Built 1910
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Freehold
Property Description
Investment opportunity! This building offers a stable, long term tenant, triple net lease, with a rate of return at 4.1%, which will increase to almost 4.6% with the next lease increase. Your chance to own one of the oldest 'historic' buildings in Nakusp. Built in 1910 and has been known as the Nakusp Courthouse ever since, other than a 10 year pause in court operations from approx. 1951-1961. This building offers a unique design for that time period, as it was constructed as a one-storey wood frame build set on a raised concrete basement. The front facade instantly conveys the civic dignity and character! The original brick chimneys have been removed, and the front entry has been changed slightly through the years, but most of the original craftsmanship remains. Set on 5 individually titled lots on the corner of 5th and Broadway St., downtown Nakusp. This is a low risk sound investment for the right buyer! (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Hot Water, See remarks
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal Lepage Selkirk Realty