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:44056)

Property Details

Full Address:
415-421 Broadway Street, Nakusp, British Columbia
Price:
$ 695,000
MLS Number:
10404209
List Date:
October 21st, 2026
Lot Size:
0.33 ac
Year Built:
1910
Taxes:
$ 10,004

Interior Features

Heating:
See remarks, Hot Water

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Metal, Unknown
Exterior:
Wood siding
Garage:
Rear, Street
Ownership Type:
Freehold
Taxes:
$ 10,004

Floors

Finished Area:
2270 sq.ft.

Land

Lot Size:
0.33 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kelly Roberts Royal Lepage Selkirk Realty
250-265-1047
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Listing Agent(s)

Lead Agent: Kelly Roberts
Office: Royal Lepage Selkirk Realty
Originating Board: Association of Interior REALTORS®

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