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361 Talbot St
3,826 SF 100% Leased Office Building St Thomas, ON N5P 1B7 $560,878 USD ($147 USD/SF)
Investment Highlights
- Completely renovated property
- Centrally located downtown St Thomas
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,826 SF
Building Class
C
Year Built
1980
Price
$560,878 USD
Price Per SF
$147 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,913 SF
Zoning
C1 - Downtown Commercial
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Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (76)
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361 Talbot St
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