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1235 NELSON Street
West End VW Vancouver V6E 1J5

$21,800,000
Multi-Family Commercial

Main Photo: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 1: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 2: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 3: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 4: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 5: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 6: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
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Photo 17: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 18: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 19: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
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Photo 21: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 22: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 23: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 24: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Photo 25: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8052594
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8052594
The subject property is situated on a large 17,300 SF lot. The apartment has 42 suites, which are all improved with granite counter tops in the kitchen and bathrooms. Oak hardwood floors, ornamental fireplaces, and high ceilings add to the character of this unique building. There is great potential for rental increases as many of the tenants are paying below average rental rates for the area. In addition, the property is held in bare trust, meaning that buyers have the potential to save significantly by avoiding property transfer tax.
Sale Type:
Asset or Share
Construction:
Brick/Masonry
# Units:
42
# of Appartments:
42
# of 1 Bedroom Appartments:
25
# of 2 Bedroom Appartments:
17
Lot Area:
17,300 sq. ft.
Lot Depth:
131
Lot Frontage:
132'
Land Use/Zoning:
RM-5B
Taxes:
$60,198 / 2022
HVAC:
Hot Water
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Listed by NAI Commercial
Data was last updated September 30, 2023 at 07:05 PM (UTC)
Steve Da Cruz | CCIM | PREC
董静茹 Jingru Cynthia Dong | CCIM | CFP | MBA | PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.