Are you searching for an investment opportunity that combines dependable commercial income with sought-after residential rentals? Welcome to 378 Baker Street, one of Nelson’s 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:44056)

Property Details

Full Address:
378 BAKER Street, Nelson, British Columbia
Price:
$ 2,200,000
MLS Number:
10391223
List Date:
June 15th, 2026
Neighbourhood:
Nelson
Lot Size:
0.08 ac
Year Built:
1901
Taxes:
$ 2,026

Interior Features

Air Conditioning:
Heat Pump
Heating:
Radiant heat

Building Features

Foundation:
Stone
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Exterior:
Stone
Taxes:
$ 2,026

Floors

Finished Area:
9341 sq.ft.

Land

Lot Size:
0.08 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Demian Whitley
eXp Realty

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