The listing data is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA) nor https://savemax.com
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Updated in Jun 2024
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:35363)
Property Type | Other Sign-in required |
Garage/Parking | N/A |
Basement | Sign-in required, Sign-in required |
Building Type | Sign-in required |
Municipality | Nelson |
Construction Style | Sign-in required |
Community | Nelson |
MLS # | 2475291 |
Days on Market | 188 Days |
Listed On | 05 Mar 2024 |
Last Updated | 06 Jun 2024 |
Listed By | Royal LePage Kelowna |
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The listing data is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA) nor https://savemax.com