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$790,000
Available - For Sale
Listing ID: X11909231
EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVERTEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELYRENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO ANEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES ANDINSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLEFOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE.
Price $790,000
Taxes: $5,607.41
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
Zoning: C-1 DOWNTOWN COM
Category: Office
Use: Professional Office
Building Percentage: Y
Total Area: 3,826
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE TRILAND REALTY

361 Talbot St , St. Thomas, N5P 1B7, Ontario


 
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Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: SW
Style:
Lot Size: 20.83 x 126.13(Feet)
Approximate Age: 51-99
Tax: $5,607.41
Maintenance Fee: $0
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Garage: 0
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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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