$2,890,000
125 HALL Street
Beds
—
Baths
—
Sqft
—
Year
1929
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nelson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
A premier investment opportunity awaits with The Gateway Building, a substantial 13,350 sq ft commercial asset on a 19,875 sq ft lot in prime Nelson, BC. Strategically located on one of the busiest intersections in the city, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic—a critical feature for sustained commercial success. Zoned Core Commercial (C1), the property offers flexibility for various uses and exceptional long-term development potential. Investors will secure immediate, stable cash flow from an established, diverse tenant base, which currently includes an opticians, a thriving furniture and home decor store, a popular local brewery and office spaces. The building features nine fully occupied units: four large ground-level retail/service spaces and five professional upstairs offices, ensuring a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, The Gateway Building boasts a large private parking lot with over 15 spaces—a near impossibility to find in Nelson's downtown core—providing a massive competitive advantage for tenants and convenience for customers. This well-maintained commercial hub offers a unique chance to acquire a strategic, high-visibility asset with a robust income and significant upside potential in one of the Kootenays' most dynamic markets. Secure this vital piece of Nelson’s commercial landscape! (id:65958)
- Subtype
- Other
- Structure
- Other
- Community
- Nelson
- Parking
- 15 total
- On market
- Oct 17, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $45,857.7
- Photos
- 55
- MLS#
- 10366041
- Area
- NELSON
Features and systems
Cooling
Cash on cash
-6.24%
Cap rate
3.62%
GRM
16.7
Break-even rent
$17,612
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.