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378 BAKER STREET, Nelson
2023-07-06
Quick Summary
MLS®#2471971
Property Description
Are you looking for an investment opportunity that combines commercial success with residential appeal? Look no further than 378 Baker Street in Nelson, BC. This historic and iconic property is now on the market, offering a blend of commercial charm and residential functionality. The main floor and basement of this two-story building are currently rented by the thriving "Craft Connection" business who are excited to continue renting and would be happy to commit to a long term a lease . This local artisan haven has established itself as a successful and niche market. With approximately 4,000 square feet of open retail space, and a large storage area, this commercial space is a solid investment. Venture upstairs and you'll find four fully renovated apartments, running as a thriving short-term rental business. These 1 bed 1 bath apartments seamlessly blend modern amenities with classic design elements, providing future occupants with the best of both worlds. Each unit features an open floor plan, a full kitchen, a modern bathroom, a spacious living room, and a cozy bedroom. With high ceilings, exposed stone accents, and large windows, these apartments exude a sense of openness, airiness, and character. Location is everything, and 378 Baker Street boasts a prime spot in downtown Nelson. This city is renowned for its culture, history, and natural beauty, making it a popular destination for tourists and outdoor enthusiasts. The demand for short-term rental units is high, making this property an excellent investment opportunity. (id:32467)
Property Features
Building
- Exterior Finish: Stone
- Fireplace: No
- Flooring Type: Mixed Flooring, Concrete
- Utility Water: Municipal water
Features
- Feature: Central location
Land
- Land Size: under 1 acre
- Sewer: See remarks
Ownership
- Type: Freehold
Information entered by eXp Realty
Listing information last updated on: 2024-07-03 18:34:10
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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