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Listed price in listed location currency (CAD).
$2,200,000

0063

MLS® X14123410

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes $22,849
Days Active 4
Lot Size 0.672
Approx. Age 
MLS® Number X14123410

Property Address: 985 Talbot St, Saint Thomas, ON, N5P1E9

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® NumberX14123410
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,200,000

For Sale · 3 days

$2,200,000

MLS® X14123410

4 days ago

Not Sold Yet

October 2026, For Sale for $2,200,000

For Sale · 3 days

$2,200,000

MLS® X14123410

4 days ago

Not Sold Yet

June 2026, Withdrawn for $2,400,000

Withdrawn · 192 days

$2,400,000

MLS® X12643968

4 months ago

Canceled on Jun 30, 2026

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