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378 BAKER Street, Nelson
2026-06-16
Quick Summary
MLS®#10391223
Property Description
Are you searching for an investment opportunity that combines dependable commercial income with sought-after residential rentals? Welcome to 378 Baker Street, one of Nelsonâs most recognizable and historically significant buildings. This two-storey mixed-use property features approximately 4,000 sq ft of retail space, currently occupied by Craft Connection, a well-established local artisan collective. The tenant is thriving and eager to remain.The main floor and basement offer spacious, well-maintained commercial premises, including an expansive retail showroom and substantial lower-level storage. Above, you'll find four beautifully renovated one-bedroom residential suites that blend modern comfort with timeless character. Features include high ceilings, exposed stone details, large windows, and thoughtful layouts. Each suite offers a full kitchen, updated bathroom, and bright open-concept living area. All four residential units are occupied by reliable tenants with recently renewed one-year leases in place. Significant improvements include high-efficiency dual boilers, along with various upgrades and maintenance projects completed throughout the property. Situated in the heart of downtown Nelson, this landmark building benefits from excellent foot traffic, historic appeal, and consistent rental demand. Whether you're looking for stable cash flow, long-term appreciation, or a mixed-use investment. (id:32467)
Property Features
Building
- Cooling Type: Heat Pump
- Exterior Finish: Stone
- Fireplace: No
- Interior Size: 9341 sqft
- Building Type: Residential Commercial Mix
- 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: 2026-06-15 20:53:58
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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