985 Talbot Street St. Thomas, Ontario N5P 1E9
$2,200,000
Ideal investment opportunity for this fully leased downtown commercial building. The front portion of the building is leased to Rudy's Burgers on a 10-year lease that commenced in July 2026, while the rear portion is leased to a cannabis store, also on a 10-year lease commencing in July 2026. Both leases are net leases at $25.00 per square foot, with annual increases over the 10-year lease period. The building offers a total of 3,433 square feet and sits on a 0.672-acre lot. The possibilities are endless, with potential for expansion of the existing building. Conveniently located just east of the busiest traffic intersection in the City of St. Thomas, the property is surrounded by established businesses, including McDonald's, KFC, LCBO, and Burger King, among others. The property is also located close to the new Volkswagen battery plant, which is currently under construction.Properties like this become available only once in a while. Don't miss your chance to invest in this exceptional opportunity! (id:28006)
Property Details
| MLS® Number | X14123410 |
| Property Type | Retail |
| Community Name | St. Thomas |
| Amenities Near By | Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 63 |
Building
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 29,256 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 219 Ft |
| Size Frontage | 109 Ft |
| Size Irregular | 0.672 |
| Size Total | 0.672 Ac |
| Size Total Text | 0.672 Ac |
| Zoning Description | C-3 Downtown Commercial |
https://www.realtor.ca/real-estate/30451580/985-talbot-street-st-thomas-st-thomas
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October 28 2026 01:31:25
London and St. Thomas Association of REALTORS®
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