$ 3,299,000
41 Mondamin ST N St. Thomas, ON N5P 2V4
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,299,000
Est. payment /mo
Active
41 Mondamin ST N St. Thomas, ON N5P 2V4
17,803 SqFt
UPDATED:
07/16/2024 07:06 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,803 sqft
Price per Sqft $185
MLS Listing ID X8445702
Annual Tax Amount $25,990
Tax Year 2023
Property Description
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.
Location
State ON
County Elgin
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by NU-VISTA PREMIERE REALTY INC.