41 Mondamin Street North, St. Thomas | Image 1

41 Mondamin Street North

St. Thomas

  • Commercial

$3,299,000
For Sale

Added 5 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: Commercial Retai

  • Age: 31-50 years

  • Taxes: 25990

  • MLS®#: X8445702

  • Days on Site: 31 Days

  • Added: Jun 15, 2024 (5 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: NU-VISTA PREMIERE REALTY INC.

The Prime Commercial Plaza is strategically located next to the St. Thomas Public Library and City Hall in downtown St. Thomas. This property presents an exceptional opportunity for savvy investors, boasting long-standing tenants prioritizing convenience and high visibility. Currently, 5 out of 7 units are leased, housing reputable tenants such as Desjardins Insurance, a flooring store, a thrift store, and Yellow Taxi Services. The main floor spans 15,503 sq ft of retail space, while the upper floor offers 2,300 sq ft of office space, featuring 11 offices, two bathrooms, and a kitchenette. The office space is currently available for lease, presenting an immediate income-generating opportunity. With parking for up to 65 cars, the plaza fronts on Mondamin and Scott St, ensuring excellent high-traffic exposure. The building's recent renovation and fresh paint make it visually appealing and ready for diverse business operations. A new roof further enhances its structural integrity and appeal. Zoned C2-7 for Downtown Talbot Central Commercial, this property supports a wide range of potential uses,, including retail, clinics, boutique restaurants, hotels, recreational facilities, institutional establishments, and theatres. The versatile internal layout facilitates smooth traffic flow, enhancing customer and tenant satisfaction. Take advantage of this outstanding investment opportunity. Schedule your showing today to explore the potential of this well-positioned property. The seller may consider vendor take-back financing (VTB); please contact for details.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Age: 31-50

  • Area: St. Thomas

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $25,990

  • Taxes Type: Annual

Land

  • Cross Street: Mondamin/Scott

  • Municipality District: St. Thomas

  • Parcel Number: 351750006

  • Lot Depth: 184.62 Feet

  • Lot Frontage: 196 Feet

  • Zoning: Commercial Retai

Commercial Specific

  • Retail Area: 15503

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 17803

  • Total Area Metric: Sq Ft

  • Office Size: 2300

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

Map of 41 Mondamin Street North, St. Thomas
JK-8

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1.67 km
JK-8

June Rose Callwood Public School

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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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