985 Talbot Street, St. Thomas, Ontario

$2,200,000

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29,256

Square feet

0.67

Acres

About 985 Talbot Street

Ideal investment opportunity for this fully leased downtown commercial building. The front portion of the building is leased to Rudy's Burgers on a 10-year lease that commenced in July 2026, while the rear portion is leased to a cannabis store, also on a 10-year lease commencing in July 2026. Both leases are net leases at $25.00 per square foot, with annual increases over the 10-year lease period. The building offers a total of 3,433 square feet and sits on a 0.672-acre lot. The possibilities are endless, with potential for expansion of the existing building. Conveniently located just east of the busiest traffic intersection in the City of St. Thomas, the property is surrounded by established businesses, including McDonald's, KFC, LCBO, and Burger King, among others. The property is also located close to the new Volkswagen battery plant, which is currently under construction.Properties like this become available only once in a while. Don't miss your chance to invest in this exceptional opportunity! (id:6289)

More Info on this St. Thomas MLS® listing

985 Talbot Street is a listing for sale in St. Thomas. The MLS® number is X14123410. It covers 29,256 square feet. It's currently listed for $2,200,000. For more details on MLS® X14123410, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in St. Thomas is available now!

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Features of 985 Talbot Street

Listing # X14123410
Price $2,200,000
Square Footage 29,256
Acres 0.67
Type Retail

Community Information

Address 985 Talbot Street
Area St. Thomas
Subdivision St. Thomas
City St. Thomas
Province Ontario
Postal Code N5P1E9

Amenities

Features Irregular lot size
Parking Spaces 63
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 0.672

Additional Information

Zoning C-3 DOWNTOWN COMMERCIAL

Listing Details

OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

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