639 Baker Street Nelson, British Columbia V1L 4J3
$13.73
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:33122)
Property Details
| MLS® Number | 2475291 |
| Property Type | Other |
| Community Name | Nelson |
| Amenities Near By | Shopping, Recreation Nearby, Highway, Stores |
| Community Features | High Traffic Area |
| Features | Central Location, Visual Exposure, Other, Paved Driveway |
Building
| Amenities | Storage - Locker |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access, Highway Access |
| Acreage | No |
| Land Amenities | Shopping, Recreation Nearby, Highway, Stores |
| Sewer | See Remarks |
| Size Total Text | Under 1 Acre |
| Zoning Type | Retail |
https://www.realtor.ca/real-estate/26584254/639-baker-street-nelson-nelson
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March 05 2024 08:03:50
Kootenay Real Estate Board
Royal LePage Kelowna