378 BAKER Street, Nelson

2025-05-17
 

Quick Summary

Location
378 BAKER Street, Nelson, British Columbia V1L4H6
Price
$2,350,000 CAD
Status:
For Sale
Property Type:
Other
Area:
9341 sqft
Video Link:

MLS®#10348390

Property Description

Are you looking for an investment opportunity that combines reliable commercial income with high-demand residential rentals? Welcome to 378 Baker Street, one of Nelson’s most iconic and historically rich buildings. This two-story mixed-use property offers approximately 4,000 sq ft of prime retail space currently occupied by the thriving Craft Connection, a long-standing local artisan collective. The business is well-established, and the tenants are eager to remain. The main floor and basement provide spacious, well-maintained commercial space, including a large retail area and generous storage below. Upstairs, you'll find four beautifully renovated one-bedroom residential units, each offering modern living with timeless character. High ceilings, exposed stone accents, large windows, and thoughtful layouts. Each suite includes a full kitchen, modern bathroom, and open-concept living space. All four residential units are currently occupied by solid tenants, each with recently signed one-year leases in place. Recent upgrades include high-efficiency dual boilers, as well as additional repairs and improvements to the building. Located in the heart of downtown Nelson, this property benefits from high foot traffic, historic charm, and steady rental demand. Whether you're seeking a stable income property, long-term appreciation, or a live-work scenario, 378 Baker Street is a rare opportunity to own a proven asset in one of British Columbia’s most dynamic small cities. (id:32467)

Property Features

Building

  • Cooling Type: Heat Pump
  • Exterior Finish: Stone
  • Fireplace: No
  • Interior Size: 9341 sqft
  • Building Type: Other
  • Utility Water: Municipal water

Land

  • Land Size: 0.08 ac|under 1 acre
  • Sewer: Municipal sewage system

Information entered by eXp Realty
Listing information last updated on: 2025-11-12 20:01:05


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$500,000

Your One Percent Realty Commission savings

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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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