985 Talbot Street, St. Thomas, ON N5P 1E9
St. Thomas, ON N5P 1E9
About this property
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 facts & features
- Property type
- Commercial Retail
- MLS® number
- X14123410
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 29256.28
- Neighbourhood
- Not provided
- Postal code
- N5P 1E9
- Garage
- None
- Lot depth (source units)
- 219
- Annual property tax
- 22848.92
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $2,200,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in St. Thomas →Listing brokerage: ROYAL LEPAGE TRILAND REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14123410. Information deemed reliable but not guaranteed.