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384-386 Arthur St S 10,605 SF of Retail Space Available in Elmira, ON N3B 2P6
HIGHLIGHTS
- Located at the entrance to Elmira’s historic downtown.
- Rustic architectural design with modern commercial functionality.
- Tourist draw from nearby St. Jacobs artisan and market scene.
- Surrounded by future residential development and growing population.
- Ample on-site parking and signage visibility.
- Subdividable space with shipping/receiving capabilities.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B-C | 10,605 SF | Negotiable | $9.31 USD/SF/YR $0.78 USD/SF/MO $98,763 USD/YR $8,230 USD/MO | Triple Net (NNN) |
1st Floor, Ste B-C
Unit B–C: 9,968 SF + 637 SF mezzanine
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 broker 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.
SELECT TENANTS AT 384-386 ARTHUR ST S, ELMIRA, ON N3B 2P6
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- At The Crossroads Restaurant
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| At The Crossroads Restaurant | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,605 SF | Gross Leasable Area | 20,450 SF |
| Property Type | Retail | Year Built | 1964 |
| Total Space Available | 10,605 SF |
| Property Type | Retail |
| Gross Leasable Area | 20,450 SF |
| Year Built | 1964 |
ABOUT THE PROPERTY
Positioned at the gateway to Elmira, Ontario, 384–386 Arthur Street S offers a rare opportunity to lease high-profile retail space in one of the region’s most charming and economically vibrant communities. This landmark commercial property sits at the crossroads of Elmira’s expanding residential and commercial districts, making it a strategic location for businesses seeking visibility and accessibility. The building’s rustic architectural design complements the town’s historic character while offering modern functionality. With ample on-site parking and signage opportunities, tenants benefit from strong exposure to both local residents and the steady stream of tourists visiting nearby St. Jacobs. The site is well-maintained and adaptable, with shipping and receiving capabilities that support a variety of retail operations. Elmira’s population is projected to grow to over 12,000 by 2025, supported by a high employment rate (96.3%) and strong household income levels averaging $118,847. The surrounding area is known for artisan markets, seasonal festivals, and a thriving local economy rooted in craftsmanship and community. This location is ideal for retailers looking to tap into a loyal customer base and capitalize on the town’s unique blend of tradition and growth.
NEARBY MAJOR RETAILERS
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384-386 Arthur St S
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