51005 Washington Street

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 $23 per square foot on a Triple Net (NNN) basis, with estimated CAM 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, electrical, and other mechanical components. Landlord may also seek percentage rent equal to seven percent (7%) of Tenant's gross business revenue, applicable only if such amount exceeds the total Triple Net lease obligations (including base rent, CAM, taxes, and insurance). Tenant shall be responsible for payment of the greater of the Triple Net lease costs or the percentage rent, but not both. 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.