Friday, April 20, 2018

What it costs to rent the former Subway (sandwich shop) on 1st Avenue

The Subway franchise at 108 First Ave. between Sixth Street and Seventh Street closed last month after six years in business.

The listing for the storefront arrived online this week. Pertinent rental details include:

900 square feet of basement space included - 20 feet of frontage - 10 foot ceilings • Busy East Village Avenue • Former Subway, in vanilla box condition • Easily vented through one story setback, gas in building • ADA entrance ramp and ADA bathroom • Grease trap, HVAC and plenty of electric are all there • Taxes almost non-existant • No Key Money - Direct Deal with the landlord

Asking monthly rent: $11,500.

The Loop Net listing also includes a photo from several years ago (2011?)... showing the previous tenant, Intervideo Electronics, that kinda weird and cool computer repair shop-plasma TV installers-DVD rental place, a sliver of the former neighboring restaurant Polonia, and a lot of snow...


Anonymous said...

Intervideo was amazing! That guy dude was always playing Elvis songs and wearing overalls. That was my go-to DVD rental place. I was very sad to see his store close. He seemed like such a nice dude.

Walter said...

I agree with the previous poster about Intervideo. It was also a place where you could get some odd adapter/cable in the neighborhood. All these places are now history. It's all chain stores like Best Buy and Staples now. I don't like chain stores.