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400-408 TALBOT STREET, St. Thomas, Ontario, N5P1B8

400-408 TALBOT STREET, St. Thomas, Ontario (ID 229821)
Representative
Mike Ansari
Broker of Record
RE/MAX Advantage M.J. Ansari Realty Brokerage
Cell: 519-854-9996
Tel: 519-672-7777
Toll free: 1-855-649-6001

$900,000 - For sale

ID#:229821

Large quality commercial building. Drawings show about 6991 sq.ft. on each of 2 floors plus basement finish. Totally renovated to meet federal government standards. Elevator. Security systems can be assumed. Wired for computers and LAN room climate controlled. Solar panels on roof generate about $6,000/year. Buyer will need to obtain approval to assume contract. Current tenants are the owner, Community Living Elgin, and Employment Services Elgin and Family Service Thames Valley. Yearly gross rents about $175,000 (solar not included). For financial statement of income and expenses, please sign Confidentiality Statement. The owner is a non-profit organization and is exempt from paying realty taxes. Based on the assessments and 2019 commercial mill rates, the taxes for 2019 would be $28,191.56. Seller wishes to vacate their space of about 4200 sq.ft. on closing but might consider staying on for a short term lease. (id:2471)

Location DescriptionN/A

Property Details
  • Property Address:400-408 TALBOT STREET, St. Thomas, Ontario, N5P1B8
  • Property Type:Business
  • Title:Freehold
  • Lot Size:0.19
  • Acreage:0.19 ac|under 1/2 acre
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
Structure Details for 400-408 TALBOT STREET, St. Thomas, Ontario, N5P1B8
  • Structure Style:Offices
  • Bathrooms:7
  • Heating Type:Natural gas, Forced air
  • Storeys:2
  • Flooring:Carpeted, Ceramic, Linoleum
  • Foundation Type:Block
  • Cooling Type:Central air conditioning
  • Rental Equipment:None
  • Exterior Type:Brick
Amenities for 400-408 TALBOT STREET, St. Thomas, Ontario, N5P1B8 Elevator, Passenger elevator
  • Amenities Nearby:Public Transit
Representative
Mike Ansari
Broker of Record
RE/MAX Advantage M.J. Ansari Realty Brokerage
Cell: 519-854-9996
Tel: 519-672-7777
Tollfree: 1-855-649-6001
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: ROYAL LEPAGE TRILAND REALTY

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400-408 TALBOT STREET, St. Thomas, Ontario, N5P1B8

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