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696 Baker Street, Nelson
2025-07-04
Quick Summary
- Location
- 696 Baker Street, Nelson, British Columbia V1L4H6
- Price
- $4,500,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 15864 sqft
- Year of Construction:
- 1946
MLS®#10354182
Property 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. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 15864 sqft
- Building Type: Retail
- Utility Water: Municipal water
Land
- Land Size: 0.33 ac|under 1 acre
- Sewer: Municipal sewage system
Information entered by LandQuest Realty Corp. (Interior)
Listing information last updated on: 2025-11-12 19:55:03
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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.
One Percent Realty's top FAQs
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.
Yes, and yes.
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