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Active
51005 Washington Street New Baltimore, MI 48047 2158
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Rent
Square Footage 4,800 sqft
Subdivision Mi
MLS Listing ID 60970989
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60X104
Property Sub-Type Commercial/Industrial
Property Description
Historic Baker Building – Pre-Leasing Now Available in the Heart of Downtown New Baltimore. Originally constructed in the late 1800s, this iconic downtown landmark is currently undergoing a complete restoration, offering businesses a rare opportunity to occupy a highly visible and historically significant location. Main floor commercial space is available for lease at $25 per square foot on a Triple Net (NNN) basis, with estimated costs of $4 per square foot. The space will be delivered in white box condition, allowing tenants the flexibility to customize the layout, finishes, and functionality to meet their specific operational needs. To further accommodate tenant build-outs, the concrete flooring on the main level will not be poured until mechanical locations are finalized, allowing tenants to influence the placement of plumbing and other mechanical components. Landlord may also seek percentage rent equal to seven percent (7%) of Tenant's gross business revenue with a disclosed revenue breakpoint. This premier corner location offers exceptional visibility, strong traffic exposure, and proximity to Lake St. Clair, restaurants, retail, and other established businesses. Ideal for retail, office, restaurant, or service-based users seeking a signature presence in Downtown New Baltimore.
Location
State MI
County Macomb
Area New Baltimore (50010)
Zoning Commercial
Exterior
Roof Type Rubber
Building
Foundation Slab
Water Public Water
Structure Type Brick,Wood
Others
Ownership Private
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One-Chesterfield
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