639 Baker StreetNelsonBritish ColumbiaV1L4J3

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:35966)

Listing Details

Property Details

Full Address:
639 BAKER STREET, Nelson, British Columbia
Price:
$ 14
MLS Number:
2475291
List Date:
March 5th, 2024
Neighbourhood:
Nelson

Interior Features

Interior Features:
Storage - Locker

Building Features

Sewer:
See remarks
Water:
Municipal water
Zoning:
Retail
Ownership Type:
Leasehold

Floors

Land

Neighbourhood Features

Amenities Nearby:
High Traffic Area

Ratings

Commercial Info

Location

Neighbourhood Details