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$3,990,000
Available - For Sale
Listing ID: X8445702
The Prime Commercial Plaza is strategically located next to the St. Thomas Public Library and City Hall in downtown St. Thomas. This property presents an exceptional opportunity for savvy investors, boasting long-standing tenants prioritizing convenience and high visibility. Currently, 5 out of 7 units are leased, housing reputable tenants such as Desjardins Insurance, a flooring store, a thrift store, and Yellow Taxi Services. The main floor spans 15,503 sq ft of retail space, while the upper floor offers 2,300 sq ft of office space, featuring 11 offices, two bathrooms, and a kitchenette. The office space is currently available for lease, presenting an immediate income-generating opportunity. With parking for up to 65 cars, the plaza fronts on Mondamin and Scott St, ensuring excellent high-traffic exposure. The building's recent renovation and fresh paint make it visually appealing and ready for diverse business operations. A new roof further enhances its structural integrity and appeal. Zoned C2-7 for Downtown Talbot Central Commercial, this property supports a wide range of potential uses,, including retail, clinics, boutique restaurants, hotels, recreational facilities, institutional establishments, and theatres. The versatile internal layout facilitates smooth traffic flow, enhancing customer and tenant satisfaction. Take advantage of this outstanding investment opportunity. Schedule your showing today to explore the potential of this well-positioned property. The seller may consider vendor take-back financing (VTB); please contact for details.
Price $3,990,000
Taxes: $25,990
Tax Type: Annual
Occupancy by: Tenant
Address: 41 Mondamin St North , St. Thomas, N5P 2V4, Ontario
Postal Code: N5P 2V4
Province/State: Ontario
Lot Size: 196 x 184.62 (Feet)
Directions/Cross Streets: Mondamin/Scott
Zoning: Commercial Retai
Category: Retail
Use: Retail Store Related
Building Percentage: Y
Total Area: 17,803
Total Area Code:  Sq Ft
Office/Appartment Area: 2300
Office/Appartment Area Code: Sq Ft
Retail Area: 15503
Retail Area Code: Sq Ft
Approximatly Age: 31-50
Sprinklers: Y
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Municipal
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NU-VISTA PREMIERE REALTY INC.

41 Mondamin St North , St. Thomas, N5P 2V4, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Elgin
Municipality: St. Thomas
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Lot Size: 196.00 x 184.62(Feet)
Approximate Age: 31-50
Tax: $25,990
Maintenance Fee: $0
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