Baker Street Lot# 1 & 6, Nelson
A rare opportunity to acquire the last large-scale mixed-use development site in Nelson's downtown core. The Railtown Development Lands comprise approximately 4.55 acres with flexible C4 zoning (Mixed-Use Core), permitting a broad mix of residential, commercial, retail, office and hospitality uses with building heights of up to 20 metres or 6 storeys. Positioned at the west end of Baker Street, the property offers the opportunity to extend Nelson's vibrant Baker Street into the city's emerging Railtown District. Preliminary development concepts contemplate up to +300,000 SF of buildable density, including a grocery store, hotel, apartment rental/condo units, and +30,000 SF of complementary commercial space. Nelson continues to experience a thriving tourism economy with strong hotel occupancy rates and ADR's, exceptionally strong grocery sales, minimal commercial vacancy with strong rent growth, and near-zero residential rental vacancy - a marked outlier in the current Canadian context. Surrounded by established businesses, restaurants and amenities, this is a community-defining development opportunity in one of British Columbia's fastest-growing regional markets. Flexible seller financing or potential partnership opportunities may be available for qualified parties. Download the brochure at the link below for more information. (id:1945)
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Property details for Baker Street Lot# 1 & 6, Nelson
- Type
- Lots and Land
- Lot Size
- 4.55
- Ownership
- Freehold
- Annual Taxes
- $28,204
Nearby Listings Stat
Estimated price and comparable properties near Baker Street Lot# 1 & 6
Active Listings
98
Min Price
$48,000
Max Price
$5,700,000
Avg Price
$853,694
Days on Market
134
days
Sold Listings
22
Min Sold Price
$419,000
Max Sold Price
$1,375,000
Avg Sold Price
$725,259
Days until Sold
59
days
Neighbourhood Census Data
Nelson, British Columbia / Colombie-Britannique
Population
514
Median Age
45
Median Income
$29,984
Dwelling Value
$399,537
Housing Tenure
Owners 57%
Renters 43%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 468.6/km²
Avg Shelter Cost: $889/mo
Owners with Mortgage: 44.8%
Owners Spending 30%+: 10.3%
Tenants Spending 30%+: 47.8%
English only: 91.3%
English and French: 8.7%
Median Household Income: $52,224
Median Employment Income: $24,128
Price History
Listed
July 16, 2026
by Royal LePage Kelowna
Current Price
$5,700,000
Type
Lots and Land
For Sale
