696 Baker Street, Nelson
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:1945)
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Property details for 696 Baker Street, Nelson
- Type
- Commercial
- Living Area
- 15,864 square feet
- Lot Size
- 0.33
Nearby Listings Stat
Estimated price and comparable properties near 696 Baker Street
Active Listings
104
Min Price
$48,000
Max Price
$5,700,000
Avg Price
$827,659
Days on Market
141
days
Sold Listings
23
Min Sold Price
$129,500
Max Sold Price
$2,200,000
Avg Sold Price
$731,400
Days until Sold
63
days
Price History
Listed
July 4, 2025
by LandQuest Realty Corp. (Interior)
Current Price
$4,000,000
Type
Commercial
For Sale