$2,200,000 Sale

Listed 0 hours ago

985 TALBOT STREET

MLS® x14123410 Retail

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Beds · 0

Baths · 0.0

Parking · 63

Sqft · 29256

Est. mortgage

$8,346/mo

Key Facts

Key facts for 985 TALBOT STREET

Property Type

Commercial

Parking

Garage: No, 63 parking

MLS #

X14123410

Size

29256 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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 l...eases 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:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

29256 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

29256 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.672 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

C-3 DOWNTOWN COMMERCIAL

Land Amenities

Public Transit

Acreage

0.672 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

C-3 DOWNTOWN COMMERCIAL

Land Amenities

Public Transit

Building Description

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Community

St. Thomas

Area Code

St. Thomas

Community

St. Thomas

Area Code

St. Thomas

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Ivan Jaramillo Romero

Email: [email protected] Cell: 519-694-9217