361 Talbot Street, St. Thomas | Image 1

361 Talbot Street

St. Thomas, SW

  • Commercial

$790,000
For Sale

Added 1 month 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®#: X11909231

  • Days on Site: 15 Days

  • Added: Jan 04, 2025 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

Prime Downtown St. Thomas Medical Office Long-Term Tenant & Strong Investment Opportunity. This exceptional investment property is a fully leased medical office in downtown St. Thomas, occupied by the same tenant for over 10 years. A new 2-year lease extension began December 1, 2024, ensuring continued stability. The building has been completely renovated into modern office spaces on both levels to accommodate the current tenants needs. Additional updates include a newer roof. The tenant is responsible for all expenses, inclusive of realty taxes and insurance. Net income to the landlord of $49,800 per year. Landlord is responsible for the roof, replacement of HVAC (if required), and structure. A rare opportunity to own a turnkey income-generating property with a long-term, reliable tenant in a prime location!

Property

  • Status: Sale

  • Type: Professional Office

  • Property Type: Investment

  • Property Type: Office

  • Age: 51-99

  • Area: St. Thomas

  • Community: SW

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

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

  • Financial Statement: N

Map of 361 Talbot Street, St. Thomas
JK-8

Monsignor Morrison Separate School

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June Rose Callwood Public School

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1.71 km
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Forest Park Public School

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Lockes Public School

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John Wise Public School

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Pierre Elliott Trudeau French Immersion Public School

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Arthur Voaden Secondary School

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Central Elgin Collegiate Institute

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373-375 Talbot Street, St. Thomas | MLS: X11907110
For Sale
1 month ago
$620,000
  • 0 bath
  • 0 bed

373-375 Talbot Street, St. Thomas, Ontario • N5P 3X1 • St. Thomas

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703 Talbot Street, St. Thomas, Ontario • N5P 1E1 • St. Thomas