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701 N Wells

Rent: $10,000 per month, modified gross

1,720 Square Feet Spanning across two levels:

    = 1,120 SF on Ground + 610 SF on Lower Level 


Back on the market, as of Sept 1, 2023. The all-in rent is $10,000 per month, which includes real estate taxes, condo fees, building insurance and CAM. The ground floor is 1,120 SF and is an open floor plan for a cafe with three counter space, built-in retail shelving, walk-up pickup window facing Huron St and one ADA bathroom. The lower level is 610 SF which is home to walk-in coolers, upright freezers, prep sinks, prep tables, and loading area access. All the FF&E you see in the photos will be available for the new operator to use. Anything not needed will be auctioned/sold by the Landlord. A liquor license is possible, but will require a lengthy condo board approval process. Further, if occupancy exceeds 30 persons, Tenant will likely need to add a 2nd ADA bathroom. No black iron in the space for cooking. A type 2 hood may be installed by the Tenant. 

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Brochure for Download

RENT SCHEDULE = $10,000 per month

Comprised of:

Base Rent: $6,603.72

Real Estate Taxes: $2,250.00

Condo Assessments: $584.88

Insurance: $354.58

Operating Expenses: $206.82

Matterport 3D Tour

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Permit Set Drawings

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