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Macesa 161-163 Water St
1 SF of Office/Retail Space Available in Stonington, CT 06378
Highlights
- Located at the beginning of the Business District. Street parking out front.
- Great walls and flow. Perfect for an art gallery or boutique. Large cut through is stone wall which allows amazing light throughout.
- Great mix of historic and modern features within the 4 rooms. Amazing large window onto Water Street.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1 SF | Negotiable | £40.24 /SF/PA £3.35 /SF/MO £40.24 /PA £3.35 /MO | Modified Gross |
1st Floor
Art Gallery, Boutique, or Office Space for Lease in Stonington Borough Location: Prime spot at the beginning of Stonington Borough Type: 1st-floor office space with one bathroom in a shared hallway. Features: Large window for displays, Modern grey porcelain tile floors throughout. A stone accent wall divides the space. 1 good-sized main room. 2 other smaller rooms off the main room. Shared bathroom in the hallway. 4 apartments are above the mixed-use building. High foot traffic. Surrounded by charming shops, galleries, a hair salon, and delicious eateries. Convenient street parking is available. One-year lease This is a fantastic opportunity to establish your business in a vibrant community! For more details or to schedule a viewing, please get in touch with us. Tenant responsible for Credit Check, Security Deposit, Lease Required, Annual Increase and Electricity Owner responsible for Exterior Maintenance, Heat, Hot Water, Sewer, Snow Removal, Structural Maintenance, Water $50 Rent ($/SF/Year) is based on 600 sq. ft. estimate. This is only an estimate. Actual rent is $2,500 per month for a year lease. One months rent is required for security
- Listed rate may not include certain utilities, building services and property expenses
- Fits 1 Person
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 161-163 Water St , Stonington, CT 06378
| Property Type | Retail | Gross Internal Area | 5,128 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1800 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 5,128 SF |
| Year Built | 1800 |
About the Property
Location, location. location. Just around the corner form a trendy coffee shop, library and down the street from boutiques , eateries and offices.
Presented by
Switz Real Estate Associate, Inc.
Macesa | 161-163 Water St
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