Nest Seekers

Ideal investment opportunity for this fully leased downtown commercial building.

985 Talbot Street
St. Thomas N5P 1E9
Canada

Listing

Web ID:5824902
Website:https://www.nestseekers.com/5824902

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,200,000
($1,575,200)
(€1,410,800)
Annual Taxes:C22,848.92

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 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!

Amenities

  • Public Transit

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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