Exceptional opportunity in the heart of Nelson - a beautifully maintained mixed-use building on historic Front Street—steps from Baker Street, the mall, and Lakeside Park. This unique property offers the best of both worlds: an updated, comfortable residence upstairs and a versatile 1,700 sq ft commercial space below with the additional bonus of a separately titled 2,550 sq ft vacant lot next door offering future development potential. The upper levels feature 3 bedrooms, 2 full bathrooms, a renovated kitchen with new cabinetry, and an open-concept living area with a cozy gas fireplace. Character details like the exposed brick feature wall, built-in closets, and loft area create warmth and charm, while main floor laundry and a private deck add everyday convenience. Downstairs, the full walk-out level has a commercial tenant in place for mortgage help, or maybe it’s the new home of your own business? With a separate entrance, dedicated office, and flexible layout, it's ideal for generating extra income or launching a venture in a high-visibility location. Recent updates include a brand new roof, roof insulation, hot water tanks, perimeter drainage, kitchen renovation, and sump pump (2024), along with fresh exterior paint in 2022. Whether you’re an investor, entrepreneur, or a family wanting to live upstairs and rent out below, this is a rare opportunity in one of Nelson’s most central and dynamic locations—with the added upside of a buildable adjacent lot.