361 Talbot St - Office FOR SALE


St Thomas, ON N5P 1B7
$795,000 CAD
519-637-0133

NO PHOTO

$795,000 CAD
Office - FOR SALE
null | Request Cap Rate

361 Talbot St
St Thomas, ON N5P 1B7


HIGHLIGHTS

  • Completely renovated property
  • Centrally located downtown St Thomas

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$795,000 CAD

PRICE/SF

$208 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis BroomeRoyal Lepage Triland Realty BrokerageMore Info
519-637-0133

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Dennis BroomeRoyal Lepage Triland Realty BrokerageMore Info
519-637-0133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.