415-421 Broadway Street
Nakusp, British Columbia
MLS® 10404209
$695,000
- Status
- Active
- Property type
- Office
- MLS® number
- 10404209
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1910
1 / 7Listing 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!
Property summary
- MLS® number
- 10404209
- Property type
- Office
- Building type
- Offices
- Size
- 2,270 sq ft
- Title
- Freehold
- Land size
- 0.33 acres
- Built in
- 1910
- Annual property taxes
- $10,004.00
- Parking
- Rear, Street
- Days on market
- 17 days
Features & details
- Heating
- See remarks, Hot Water
- Exterior features
- Wood siding
What would this home cost you?
Based on the $695,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage Selkirk Realty, Nakusp.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.