985 Talbot Street, St. Thomas MLS Number: X14123410
St. Thomas, Elgin, ON, N5P 1E9$2,200,000
Status: For Sale
- Property Type: Commercial (Commercial Retail)
- Property Taxes : $22848.92 (Tax Year:2025)
- Listing Courtesy : Royal Lepage Triland Realty
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$2,200,000
Status: For Sale
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!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X14123410 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :28 Oct, 2026 (7 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Elgin |
|---|---|
| Postal Code | :
N5P 1E9
|
| Price | : $2,200,000 |
|---|---|
| Property Taxes | :$22848.92 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :FIRST AVENUE |
28 Oct, 2026
TREB #X14123410
Listed
$2200000.0
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