- Active
620 Herridge Lane
Nelson · Other
Listed by RE/MAX All Pro Realty · MLS® 10399276
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Sign inAbout this home
Tucked away privately down a back alley just off Baker Street, this property is situated in the trendiest and most vibrant pocket of the downtown core. Surrounded by exciting new developments, it provides the ultimate blend of exclusive privacy & heavy foot traffic. Black Cauldron represents a rare acquisition opportunity to purchase a highly successful, sought-after restaurant business in the heart of downtown Nelson. This sought after and very well-known restaurant business brews the perfect concoction of all things nice, exciting & high quality. Black Cauldron is a magical lounge & apothecary bar that specializes in modern Charcuterie-share plates, upscale salads, amazing appetizers, bewitching cocktails & mock tails that are touched with all types of healing natural tinctures & such, zero proof elixirs mostly all locally sourced & crafted with love. With a medieval ambiance of fire tables, special lighting, booths with velvet curtains, velvet furniture along with witching art work you will find an enclosed patio, spacious seating, additional patio seating around the front and the back all nestled within beautiful stone and garden landscaping. Come and experience brunch, lunch or dinner as its open most days of the week. Detailed financial statements, potential commercial lease matrices and available for review by qualified buyers upon completion of a standard Non-Disclosure Agreement (NDA). Please do not approach staff regarding for sale questions, please contact your Realtor. visit website at theblackcauldron.ca THERE IS THE OPTION TO TO PURCHASE THE COMMERCIAL PROPERTY SEPERATLEY ALONG WITH THE BUSINESS.
Home facts
- Property type
- Other
- Area
- Nelson
- Listed
- September 1, 2026
- Structure
- Other
- PID
- 000-000-000
Highlights
- Patio
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,322
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,556
Purchase snapshot
- List price
- $279,000
- Down payment
- $55,800 (20%)
- Estimated mortgage
- $223,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,854
- At 6.6447 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,050 a month
- Gross yield
- 4.5%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 55%