696 Baker Street

696 Baker Street · Nelson · Retail · $4,000,000 · MLS 10354182

Nelson, British Columbia
C$4,000,000
For sale
696 Baker Street

696 Baker Street is located in Nelson. Property snapshot: Retail, listed at $4,000,000, MLS 10354182. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 89. Latest recorded list price 4000000.00.

List Price: $4,000,000
MLS: 10354182
Interior Size: 15,864 sqft
Days on Site: 89
Price History: Latest recorded list price 4000000.00

Local Decision Guide

How should buyers evaluate 696 Baker Street?

Start by reading this listing in its Nelson context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 696 Baker Street?

This page shows a list price of $4,000,000 with MLS 10354182.

What type of home is this Nelson listing?

The page shows Retail at 696 Baker Street. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 89 days on market/site. Latest recorded list price 4000000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1946
Year Built
80 years
Age
89
Days on Site
15,864 sqft
Interior Size
C$252
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 28561940 (10354182)

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Site Context

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Property Summary

Price: C$4,000,000

PID: 014-374-501

Days on Site: 89 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-06-19 03:04 PM PDT

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Lot info

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Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 19 Jun 2026 01:53:05 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: LandQuest Realty Corp. (Interior)

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