Retail for Sale — Nelson, BC
$4,000,000
696 Baker Street, Nelson, BC V1L4H6
Property details
Structured details
- Lot dimensions
- 0.33
- Structure type
- Retail
- Parcel ID (PID)
- 014-374-501
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10354182
- Listed
- July 4, 2025
- Time on market
- 437 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
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:63159)
Financing calculator
Estimate your monthly payment on the $4,000,000 asking price.
Financing details
- Monthly debt service
- $38,825
- Cash required at close
- $825,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Nelson)
- Population
- 11,106(+5.1% since 2016)
- Population density
- 930.9/km²
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 34.2%
- Postsecondary below bachelor's
- 32.1%
- High school diploma
- 23.8%
- No certificate/diploma
- 9.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 65.2%
- Public transit
- 1.9%
- Walked
- 23.7%
- Bicycle
- 5.7%
- Other
- 3.5%
Commute duration
- Under 15 min
- 59.3%
- 15–29 min
- 23.6%
- 30–44 min
- 11.0%
- 45–59 min
- 3.4%
- 60+ min
- 2.6%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Kootenay Tamil Kitchen · 660 Baker Street21m
- BiBo42m
- All Seasons Cafe43m
- Main Street Diner51m
- Louie's Steakhouse · 616 Vernon Street108m
Cafes (5+)
- SideWinders18m
- Empire Coffee109m
- John Ward Cafe185m
- Oso Negro Café · 604 Ward Street239m
- L&C French Bakery · 390 Baker Street336m
Grocery (4)
- Kootenay Tamil Kitchen Spices · 639 Baker Street50m
- Kootenay co-op · 777 Vernon Street131m
- Wholesale Club464m
- Walmart Supercentre663m
Shopping (1)
- Unnamed · 1150 Simpson Road741m
Parks (4)
- Hall Street Park63m
- NDCC park285m
- Gyro Park519m
- Cottonwood Falls Park654m
Pharmacies (3)
- Pharmasave37m
- Walmart Pharmacy · 1000 Lakeside Drive645m
- Shoppers Drug Mart790m
Banks & ATMs (5+)
- Unnamed155m
- Unnamed179m
- Scotiabank183m
- CIBC256m
- RBC · 401 Baker Street302m
Healthcare (2)
- Nelson Medical Clinic198m
- Kootenay Lake Hospital · 3 View Street528m
Nearby places data: © OpenStreetMap contributors.
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All in Nelson →Frequently asked questions
What is the asking price for this business?
The asking price is $4,000,000.
Where is this business located?
This listing is located in Nelson, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.