Salehian.com 647-325-5000

696 Baker Street

Nelson, Nelson, BC, V1L4H6

Listed by LandQuest Realty Corp. (Interior)

$4,000,000

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  • 15864 sq ft

Listed 474 days ago · MLS® 10354182

About this home

Prime Commercial Real Estate Opportunity in the Heart of Downtown Nelson. An exceptional investment opportunity awaits in the vibrant downtown core of Nelson, BC. Strategically positioned on the corner of iconic Baker Street and intersected by Hall Street, this prominent commercial property enjoys maximum exposure and accessibility, including side access from Herridge Lane. With retail frontage on three sides, the building benefits from high volumes of both vehicle and pedestrian traffic year-round. The zoning permits, with parking abatement, multiple story residential development provided the commercial space is 50% or greater of the total building area. Baker Street is a major commercial artery renowned for its dynamic mix of culinary destinations and distinctive retail offerings. It draws both tourists and local residents from across the Kootenays, making it a consistently high-traffic retail environment. This single-storey, multi-tenant commercial property spans two separate parcels and holds two civic addresses. The building is currently 100% leased to six long-standing tenants, including a restaurant, coffee shop, boutique clothing retailer, international food market, florist, and thrift store—delivering a diverse and stable income stream. The structure has been well-maintained and periodically upgraded, offering a blend of historic character and modern functionality. This is a rare opportunity to acquire a fully leased, high-visibility commercial asset. (id:66966)

Details

Type
Retail
Size
15864 sq ft
Neighbourhood
Nelson
Municipality
Nelson

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system
Utilities
Water, Sewer, Natural Gas, Electricity, Cable, Telephone

Building and exterior

Year built
1946

Location

Location is approximate. See nearby homes on the map

Listed by LandQuest Realty Corp. (Interior).

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