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:67517)
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Property Details
MLS® Number 10404209 Property Type Office Neigbourhood Nakusp -
Building
ConstructedDate 1910 ExteriorFinish Wood Siding HeatingType Hot Water, See Remarks RoofMaterial Metal RoofStyle Unknown SizeInterior 2,270 Sqft Type Offices UtilityWater Municipal Water Street Rear -
Land
Acreage No Sewer Municipal Sewage System SizeIrregular 0.33 SizeTotal 0.33 Ac|under 1 Acre SizeTotalText 0.33 Ac|under 1 Acre -
Rooms
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Utilities
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October 21 2026 10:23:37
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