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

Central Air Conditioning Forced Air

$869,000

Large quality commercial building. Totally renovated to meet federal government standards. Elevator. Security systems can be assumed. Wired for computers & LAN room climate controlled. Solar panels on roof generate about $6,000/year. Buyer will need to obtain approval to assume contract. Tenant,Employment Services Elgin occupies 4471 sq ft of first & second floor of 400 Talbot as of April 1, 2020 for 3 years (plus 3 board rooms in basement). Tenant,Family Service Thames Valley,occupies small office of second floor at 406-408 Talbot.The owner,Community Living Elgin, occupies 406-408 Talbot (& board room/shared baths in 400 Talbot). The Owner is non-profit organization,exempt from paying realty taxes. 2019 assessment of 400 Talbot is $397,500; 406-408 Talbot is $331,750 x 2019 commercial mill rates,taxes for 2019 would be $28,191.56.Seller wishes to vacate their space on closing but might consider staying on for a short term lease. (id:20872)

Business

Name ELGIN ASSOCIATION FOR COMMUNITY LIVING

Property Details

MLS® Number 229821
Property Type Other
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Equipment Type None
Features Corner Site, Elevator, Paved Driveway, Passenger Elevator, Visitable
Parking Space Total 13
Rental Equipment Type None

Building

Basement Type None
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Fire Alarm System
Fireplace Present No
Flooring Type Carpeted, Ceramic, Linoleum
Foundation Type Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Utility Water Municipal Water

Land

Access Type Road Access
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
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/21273678/400-408-talbot-street-st-thomas

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