639 Baker Street | $13.73/sqft
Tristan Chart, CFA Agent Photo
Tristan
Chart, CFA
P. (250) 860-1100
Phone Tristan
Royal LePage Kelowna
1890 Cooper Road Suite #1
Kelowna, BC
Canada V1Y 8B7

Details

%
Years (35 year max)
Years



Address 639 Baker Street
AreaNelson
Sub AreaNelson
State/ProvinceBritish Columbia
CountryCanada
Price$13.73/sqft
Property TypeLease
Lot Size0.14 Acres
Taxes $0
Tax Year2024
MLS® #2475291

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.

Location

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Data Source: Statistics Canada
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