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:4555)
PROPERTY SPECS
Listing ID X9305785
Address 361 TALBOT STREET
City St. Thomas, ON
Price $795,000
Land Size 20.83 x 126.13 FT ; 20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
Type Offices
Status For sale
EXTENDED FEATURES
CoolingFully air conditionedHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-09-07 16:01:04Days on Market69