361 Talbot Street, St. Thomas | Image 1

361 Talbot Street

St. Thomas, SW

  • Commercial

$795,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Professional Office

  • Zoning: C-1 DOWNTOWN COM

  • Age: 51-99 years

  • Taxes: 5607.41

  • MLS®#: X9305785

  • Days on Site: 4 Days

  • Added: Sep 06, 2024 (2 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVER TEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELY RENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO A NEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES AND INSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLE FOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE.

Property

  • Status: Sale

  • Type: Professional Office

  • Property Type: Investment

  • Property Type: Office

  • Age: 51-99

  • Area: St. Thomas

  • Community: SW

  • Availability Date: JAN 1/25

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • UFFI: No

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART LOT 13 N/S TALBOT STREET PLAN 15 ST THOMAS PA

  • Taxes: $5,607

  • Taxes Type: Annual

Land

  • Cross Street: TALBOT EAST

  • Municipality District: St. Thomas

  • Parcel Number: 351730036

  • Sewer: San+Storm

  • Lot Depth: 126.13 Feet

  • Lot Frontage: 20.83 Feet

  • Lot Irregularities: 20.83 X 34.60 X0.41 X

  • Zoning: C-1 DOWNTOWN COM

Additional Media

  • Virtual Tour: https://listings.walkthrumedia.ca/sites/geqbwrv/unbranded

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 3826

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: N

Map of 361 Talbot Street, St. Thomas
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