Baker Street Lot# 1 & 6, Nelson

$5,700,000

MLS® 10394967

Baker Street Lot# 1 & 6, Nelson - Image 1

A rare opportunity to acquire the last large-scale mixed-use development site in Nelson's downtown core. The Railtown Development Lands comprise approximately 4.55 acres with flexible C4 zoning (Mixed-Use Core), permitting a broad mix of residential, commercial, retail, office and hospitality uses with building heights of up to 20 metres or 6 storeys. Positioned at the west end of Baker Street, the property offers the opportunity to extend Nelson's vibrant Baker Street into the city's emerging Railtown District. Preliminary development concepts contemplate up to +300,000 SF of buildable density, including a grocery store, hotel, apartment rental/condo units, and +30,000 SF of complementary commercial space. Nelson continues to experience a thriving tourism economy with strong hotel occupancy rates and ADR's, exceptionally strong grocery sales, minimal commercial vacancy with strong rent growth, and near-zero residential rental vacancy - a marked outlier in the current Canadian context. Surrounded by established businesses, restaurants and amenities, this is a community-defining development opportunity in one of British Columbia's fastest-growing regional markets. Flexible seller financing or potential partnership opportunities may be available for qualified parties. Download the brochure at the link below for more information. (id:44056)

    Property Details
    Full Address:Baker Street Lot# 1 & 6, Nelson, British Columbia
Price:$ 5,700,000
MLS Number:10394967
List Date:July 16th, 2026
Lot Size:4.55 ac
Taxes:$ 28,204

    Interior Features
    

    Building Features
    Water:Municipal water
Utilities:Water, Electricity
Ownership Type:Freehold
Taxes:$ 28,204

    Floors
    

    Land
    Lot Size:4.55 ac
Current Use:Development commercial
Road Type:Paved road

    Neighbourhood Features
    

    Ratings
    

    Commercial Info
    

Neighbourhood Details

Location

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Tristan Chart Personal Real Estate Corporation Royal LePage Kelowna

250-777-7493

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Listing Agent(s)

Lead Agent: Tristan Chart
Office: Royal LePage Kelowna
Originating Board: Association of Interior REALTORS® 

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