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639 BAKER STREET
Nelson British Columbia V1L4J3 Canada

$14

Active Listing ID 2475291
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$14

Active Listing ID 2475291
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639 BAKER STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:38:44 PM GMT
Source Updated Date: 5/16/2024 4:28:43 PM GMT

Courtesy of: TristanChart, Salesperson, Royal LePage Kelowna

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