639 BAKER STREET

Other For Sale in Nelson, British Columbia

$14
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:4069)
Address 639 BAKER STREET
List Price $14
Property Type Other
Area British Columbia
Sub-Area Nelson
MLS® Number 2475291
Listing Brokerage Royal LePage Kelowna
Postal Code V1L4J3
Site Influences Shopping, Recreation Nearby, Highway, Stores
Features Central location, Visual exposure, Other, Paved driveway
Amenities Storage - Locker

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Kootenay BC

Fair Realty

311 4th St Kaslo BC V0G1M0

Office: (250) 505-4722

info@kootenaybc.com