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400-408 Talbot Street St. Thomas, Ontario N5P 1B8

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Interested?

Get in touch and let us help make your dream home a reality!

7 Bathroom
Central Air Conditioning Forced Air

$900,000

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:35167)

Business

Name ELGIN ASSOCIATION FOR COMMUNITY LIVING

Property Details

MLS® Number 229821
Property Type Business
Amenities Near By Public Transit
Equipment Type None
Features Elevator, Passenger Elevator
Parking Space Total 13
Rental Equipment Type None

Building

Bathroom Total 7
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Fire Alarm System
Fireplace Present No
Flooring Type Carpeted, Ceramic, Linoleum
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Offices
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Frontage 88 Ft
Size Irregular 0.19
Size Total 0.19 Ac|under 1/2 Acre
Size Total Text 0.19 Ac|under 1/2 Acre
Zoning Description C2

Utilities

Cable Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21273678

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