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41 Mondamin Street N St. Thomas, Ontario N5P 2V4

17803 sqft
Fully Air Conditioned Forced Air

$3,990,000

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. (id:19173)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X8445702
Property Type Retail

Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 17803 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 184 Ft
Size Frontage 196 Ft
Size Irregular 196 X 184.62 Ft
Size Total Text 196 X 184.62 Ft
Zoning Description Commercial Retail

https://www.realtor.ca/real-estate/27048309/41-mondamin-street-n-st-thomas

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