Commercial/retail For Sale - 41 Mondamin St, St. Thomas, Ontario N5P 2

location_on 41 Mondamin St, St. Thomas

Commercial/retail

41 Mondamin St

St. Thomas, Ontario N5P 2V4

$3,299,000

For Sale

Property Information

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.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X8445702
Price : $3,299,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 31
Address
Postal Code : N5P 2V4
City : St. Thomas
Street : Mondamin
Street Number : 41
Street Suffix : St
Floor Number : 0
Longitude : W82° 48' 26.9''
Latitude : N42° 46' 49.9''
Features
Heating System : Elec Forced Air
Brokerage
Office Name : NU-VISTA PREMIERE REALTY INC.
Extra Information
address/street_dir_suffix : N
Air Conditioning : Y
Area : Elgin
living_area : 0
living_area_unit : Sqft
Lease : Sale
Street Direction : N
Tax Year : 2023

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41 Mondamin St St. Thomas, Ontario N5P 2V4