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Investment signal

$899,000

512 Hendryx Street

Save this home

Beds

Baths

Sqft

Year

Type

Other

Suite

Suite potential

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

Nestled in the vibrant heart of Nelson, BC, this versatile commercial property offers a rare turn-key opportunity for entrepreneurs and investors alike. The building features two distinct, ready-to-go business levels: a welcoming main floor perfectly optimized for a coffee shop, and a lower level meticulously configured as an ice cream parlor. Complementing these commercial spaces is a self-contained one-bedroom, one-bathroom residential unit on the top floor—offering a convenient live-work setup or an additional stream of rental income. Though currently not in operation, the infrastructure is fully in place to capitalize on the city’s high foot traffic and spirited community, making it a premier choice for those looking to launch a multi-faceted venture in a prime location. Bring your ideas, this property is waiting! (id:65958)

Subtype
Other
Structure
Residential Commercial Mix
Community
Nelson
Living area
2,209 square feet
Lot size
0.04 acres
Lot dimensions
0.04
On market
Feb 24, 2026
Status changed
Apr 24, 2026
Annual tax
$9,683.74
Photos
88
MLS#
10376940
Area
NELSON
Negative cash flow ~$985/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,537

Financing

Down payment$179,800
Loan amount$719,200
Mortgage$3,644/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$749
CapEx reserve$375
Vacancy loss$225

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

Estimated $3,644/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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