EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVERTEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELYRENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO ANEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES ANDINSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLEFOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE. (id:13843)
MLS# | X11909231 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 12 |
Listing Provided By | ROYAL LEPAGE TRILAND REALTY | DENNIS BROOME |
SQ Feet | 3,826 |
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Zoning | C-1 DOWNTOWN COMMERCIAL |
State | ON |
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City | St. Thomas |
Zip Code | N5P1B7 |
Listing VS Median (in N5P1B7) | |
Price: $790,000 low | high Med: $395,000 SqFt: 3,826 low | high Med: 2,513 $ / SqFt: $206 low | high Med: $103 On Site: 12 low | high Med: 80.000000 |