$795,000
Available - For Sale
Listing ID: X9305785
361 Talbot St , St. Thomas, N5P 1B7, Ontario
| 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. |
| Price | $795,000 |
| Taxes: | $5607.41 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 361 Talbot St , St. Thomas, N5P 1B7, Ontario |
| Postal Code: | N5P 1B7 |
| Province/State: | Ontario |
| Legal Description: | PART LOT 13 N/S TALBOT STREET PLAN 15 ST |
| Lot Size: | 20.83 x 126.13 (Feet) |
| Directions/Cross Streets: | TALBOT EAST |
| Category: | Office |
| Use: | Professional Office |
| Building Percentage: | Y |
| Total Area: | 3826.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Sprinklers: | N |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| ROYAL LEPAGE TRILAND REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | SW |
| Lot Size: | 20.83 x 126.13(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $5,607.41 |
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