378 BAKER Street

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:59278)