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639 BAKER STREET
Nelson British Columbia , V1L4J3 , Canada
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$13.73  |  $13.73 / Square Feet
MLS® 2475291
House
Remarks:
This premium Baker Street retail unit is AVAILABLE IMMEDIATELY FOR LEASE ASSIGNMENT OR SUBLEASE. The existing tenant, KTK Masala Shop, will be relocating their store and as a result, is seeking a replacement tenant to take over their lease. This is an exceptionally rare opportunity to access Baker Street retail space, the most desirable commercial retail space in the Kootenays, with ~37 feet of retail frontage and a depth of ~110 feet. Comprising a leased area of 5,000 square feet, there is an additional ~5,000 square feet of "bonus" basement space included. The unit includes three phase 200A power, air conditioning, separate metering, ~15 ft. ceiling heights to truss, laneway loading, two washrooms, and mezzanine office space. The current lease (offered here for assignment or sublease) which expires August 31, 2028, offers an attractive below-market current base rent of $13.73 per square foot per year plus triple net, with annual escalations in September of each year. (id:7526)

Property Features:
  • Access Type: Easy access , Highway access
  • Amenities Nearby: Shopping , Recreation Nearby , Highway , Stores
  • Community Features: High Traffic Area
  • Features: Central location , Visual exposure , Other , Paved driveway
  • OwnershipType: Leasehold
  • Property Type: Other
  • Sewer: Sewer
  • Zoning Type: Retail
Building Features:
  • Amenities: Storage - Locker

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Not intended to solicit properties currently listed for sale.

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