I guess I hadn't realized how high the rents had gotten on Smith Street. This week-end I happened to walk by Smith Hanten's real estate office and saw the advert for a store front at the corner of Pacific and Smith. The space is rather big at 1,400 sqft plus basement. In addition, it happens to be a coveted corner location, only one block away from Atlantic Avenue. But $12,000 a month does seem a bit steep, no?
Of course only a chain store or a restaurant can afford to pay this kind of rent. No wonder the realtor is using such buzz phrases as "sidewalk café."
It will be interesting to see who will spring for that amount of money.
You can see the listing here
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