5
$695,000 Sale
Listed 1 hour
415-421 Broadway Street
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Key Facts
Key facts for 415-421 Broadway Street
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
10404209
Size
2270 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1910
Maintenance Fee
-
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 N...akusp 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:10452)
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Listing courtesy of: Royal Lepage Selkirk Realty
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