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
$ 795,000
Est. payment | /mo
3,826 SqFt
$ 795,000
Est. payment | /mo
3,826 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,826 sqft
Price per Sqft $207
Subdivision Sw
MLS® Listing ID X9305785
Originating Board London and St. Thomas Association of REALTORS®
Property Description
EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVER TEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELY RENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO A NEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES AND INSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLE FOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE TRILAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "