$25
Available - For Rent
Listing ID: X12466634
985 Talbot Stre , St. Thomas, N5P 1E9, Elgin
| This 3,433 sq. ft. building is located in the heart of downtown St. Thomas and has recently been utilized as a pizza operation and convenience store. It has been fully renovated within the past three years, including updated heating, electrical, plumbing, washrooms, cooling, and flooring. The front portion, previously a pizza operation, is ideally set up for restaurant purposes with a hood and kitchen space. The built-in wood-fired pizza oven may be available but is not warranted by the landlord. The equipment shown in the photos will not necessarily be available upon lease. The front section is approximately 2,000 sq. ft. and is fully handicapped accessible with accessible washrooms. The rear portion is open concept and approximately 1,400 sq. ft., bringing the total to 3,433 sq. ft. The space can be leased as one unit or demised into two. Situated in the east end of Talbot Street, just one block from the Walmart Plaza site, neighbouring businesses include McDonald's, KFC, and the LCBO, among many others. Only one block from the busiest traffic corner in the city, this location is ideal for retail use. This is a net lease with base rent of $25.00 per sq. ft. Tenant is responsible for common area expenses including realty taxes (currently $6.65 per sq. ft. or $22,848.92/year), insurance (currently $1.11 per sq. ft. or $3,792.96/year), as well as maintenance, snow removal, landscaping, and grass cutting. Floor plans available upon request. |
| Price | $25 |
| Minimum Rental Term: | 60 |
| Taxes: | $22848.92 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 985 Talbot Stre , St. Thomas, N5P 1E9, Elgin |
| Postal Code: | N5P 1E9 |
| Province/State: | Elgin |
| Legal Description: | LOT 53 PLAN 79 YARMOUTH PART LOT 2-4, 51 |
| Directions/Cross Streets: | FIRST AVENUE |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 3433.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TRILAND REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Tax: | $22,848.92 |
| Fireplace: | N |
Locatin Map:
