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Home BC Central Kootenay Nelson
696 Baker Street
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696 Baker Street $4,500,000
$4,500,000
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696 Baker Street
Nelson, British Columbia V1L4H6

MLS® Number: 10354182

Listing Description

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. (38916122)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Nelson
Land Size
0.33 ac|under 1 acre
Built in
1946
Time on REALTOR.ca
164 days

Building

Bathrooms
Partial
0
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Square Footage
15864 sqft
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Robert Armstrong