This designated Heritage Building is located 1/2 block from the corner of Queen and King Streets - a 565 SF prime retail location in the heart of the Old Town Heritage District. This versatile space is offered as a "vanilla" envelope ready for the completion of your custom leaseholds. A prime location with high foot and vehicular traffic it is ideal for numerous uses including a Fashion Boutique, Gallery, or Exclusive Gift-Ware. Note, the Lease Rate will escalate through the first 3 years of the term $75.00 Per SF year 1, $85.00 Per SF year 2, $95.00 Per SF year 3 and adjusted according to CPI in years 4 and 5. Common Area Maintenance (CAM) $1,925.00 (2021) is adjusted annually during the term of the Lease. Minimum of a 5 Year Leas with an option to renew for a further five year term. First and Last Month Plus One Month Security Deposit required.
MLS# | 40030737 |
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Listing Type | For Lease |
Style | IQWeb_Office Bldg |
Status | Active |
Days On Site | 123 |
Area Information | |
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Province | ON |
County | Niagara |
City | Niagara-on-the-Lake |
Postal Code | L0S 1J0 |
Area | 1 - Niagara-on-the-Lake |
Listing VS Median (in L0S 1J0) | |
Price: $75 low | high Med: $989,000 On Site: 123 low | high Med: 34 |