Masters Group

Property Details

361 TALBOT STREET, St. Thomas, Ontario, N5P1B7

361 TALBOT STREET, St. Thomas, Ontario, N5P1B7 (ID X11909231)
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000

$790,000 - For sale

ID#:X11909231

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! (id:2471)

Location DescriptionTALBOT EAST

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Property Details
  • Property Address:361 TALBOT STREET, St. Thomas, Ontario, N5P1B7
  • Property Type:Office
  • Community Name:SW
  • Lot Size:20.83 x 126.13 FT ; 20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
  • Water Type:Municipal water
Structure Details for 361 TALBOT STREET, St. Thomas, Ontario, N5P1B7
  • Structure Style:Offices
  • Floor Space:3826 sqft
  • Heating Type:Natural gas, Forced air
  • Cooling Type:Fully air conditioned
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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Listing Office: ROYAL LEPAGE TRILAND REALTY

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361 TALBOT STREET, St. Thomas, Ontario, N5P1B7

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