For Sale

361 Talbot Street, St. Thomas, Ontario N5P1B7

$795,000

361 Talbot Street, St. Thomas, Ontario N5P1B7 is For Sale and has a listing price of 795,000. The property is located in the St. Thomas neighbourhood. It's been on the website for 15 Days.

  • Office
    Property Type
  • Offices
    Building Type
  • MLS ID: X9305785
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X9305785
  • Price: $795,000
  • Transaction Types: For Sale
  • Ref ID: 27381661
  • Year Built: N/A
  • Building Type: Offices
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
09/06/2024 X9305785 $795,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $695,050 Average List Price
    based on 1 year
  • 144 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 87.95 % Up
  • Sold (12mo) 267
  • Rented (12mo) 37

  • 1 Month Change +16.7%
  • 3 Month Change +1.8%
  • 6 Month Change -2.9%
Walkscore
Property Type Distribution
  • All Houses
    86.79%
  • Commercial
    8.85%
  • Condo
    4.26%
  • Land for Sale
    0.1%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/09/2024 00:00:00
  • Zoning R9-5
  • Agent Name: DENNIS BROOME
  • Last Updated: 12/09/2024 18:11:59
Open House Dates
Want to see this property?