B - 985 TALBOT STREET W, St. Thomas, Ontario, N5P1E9

Property Description

This 1400 square foot unit is located in the heart of downtown St. Thomas and has recently been utilized as a convenience store. The space is open concept and ready for your plan. It has been totally renovated within the past 3 years with new renovations including heating, electrical, plumbing, washroom, heating and cooling, flooring, etc. Neighbouring businesses include McDonald's, KFC, and a liquor store, amongst many others. Only one block from the busiest traffic corner in the city. Ideal for your retail business. Please note that this is a net lease, with the base rent being $25.00 per square foot and the tenant being responsible for common area expenses, including realty taxes currently $6.65 per square foot or $22,848.92 per year; insurance currently at $1.11 per square foot or $3,792.96 per year; maintenance; snow removal; landscaping; and grass cutting included in the common area costs. The estimated common area expenses for 2026 being $11.60 per square foot. Floor plans available upon request. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 1
• Living Area: 1,400 sq ft (130.1 m²)
• Parking: 63 spaces
• Frontage: 120 ft (36.6 m)

Costs

• Annual Taxes: $22,848.92

Listing Provided by: ROYAL LEPAGE TRILAND REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.