St. Thomas, ON
985 Talbot Street
$2,200,000
Data last updated Oct 30, 2026, 9:50 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,200,000
- Type
- commercial retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 29,256.28 sq ft
- MLS®
- X14123410
- Status
- active
- Brokerage
- ROYAL LEPAGE TRILAND REALTY
About this home
Ideal investment opportunity for this fully leased downtown commercial building. The front portion of the building is leased to Rudy's Burgers on a 10-year lease that commenced in July 2026, while the rear portion is leased to a cannabis store, also on a 10-year lease commencing in July 2026. Both leases are net leases at $25.00 per square foot, with annual increases over the 10-year lease period. The building offers a total of 3,433 square feet and sits on a 0.672-acre lot. The possibilities are endless, with potential for expansion of the existing building. Conveniently located just east of the busiest traffic intersection in the City of St. Thomas, the property is surrounded by established businesses, including McDonald's, KFC, LCBO, and Burger King, among others. The property is also located close to the new Volkswagen battery plant, which is currently under construction.Properties like this become available only once in a while. Don't miss your chance to invest in this exceptional opportunity!
Location
More details
- Property tax
- $22,849 (2025)
- Days on market
- 3
- Style
- Retail
- Year built
- 31-50
- Lot
- 109 × 219 Feet
- Parking
- 63 spaces · None
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Neighbourhood
- St. Thomas
- Major intersection
- FIRST AVENUE
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.