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For Lease · Specialty

752 Vernon Street, Nelson

752 Vernon Street, Nelson, BC V1L4G2

Price on request

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

99%

About this property

Establish your business in the heart of downtown Nelson with this exceptional 1,172-square-foot street-level suite at 752 Vernon Street. Offered at $21.50 per square foot plus triple net (NNN), this highly visible commercial location sits within the modern Nelson Commons building, providing an unbeatable combination of foot traffic, main-street prestige, and daily accessibility. The interior offers a bright, adaptable layout illuminated by expansive street-facing windows that fill the space with natural light while maintaining a clean, professional appearance. Whether you require a flexible open-concept office, a client-facing professional services suite, a wellness clinic, or a boutique retail showroom, this functional footprint easily adjusts to support your operational setup. For growing businesses or larger enterprises seeking a landmark commercial footprint, this unit can also be seamlessly combined with the adjacent 1,079-square-foot corner suite to create an expansive, unified 2,251-square-foot space. Situated along one of Nelson’s premier commercial corridors, this property offers a sophisticated backdrop and prime street frontage for legal firms, financial institutions, tech companies, or creative agencies looking to plant roots in a thriving downtown setting. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

142,000

Households

59,113

Median income

$114,000

Median age

45.5

Daytime population

232,879

5-yr growth

5.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 752 Vernon Street, Nelson.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.