Ideal investment opportunity for this fully leased downtown commercial building. The front portion of the building is leased to Rudy's Burgers on a 10-year lease that commenced in July 2026, while the rear portion is leased to a cannabis store, also on a 10-year lease commencing in July 2026. Both l...eases are net leases at $25.00 per square foot, with annual increases over the 10-year lease period. The building offers a total of 3,433 square feet and sits on a 0.672-acre lot. The possibilities are endless, with potential for expansion of the existing building. Conveniently located just east of the busiest traffic intersection in the City of St. Thomas, the property is surrounded by established businesses, including McDonald's, KFC, LCBO, and Burger King, among others. The property is also located close to the new Volkswagen battery plant, which is currently under construction.Properties like this become available only once in a while. Don't miss your chance to invest in this exceptional opportunity!
Full Property Details
General
Business Type
-
Retail Area
3433.00 Sq Ft
Total Area
29256.28 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
1
Grade Level Shipping Doors
1
Truck Level Shipping Doors
-
Business Type
-
Retail Area
3433.00 Sq Ft
Total Area
29256.28 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
1
Grade Level Shipping Doors
1
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Yes
Exterior
Depth
219.0
Front
109.0
Lot Size
109 x 219.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C-3 DOWNTOWN COMMERCIAL
Depth
219.0
Front
109.0
Lot Size
109 x 219.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C-3 DOWNTOWN COMMERCIAL
Building Description
Home Type
Commercial
Subtype
Commercial/Retail
Year Built
31-50
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial/Retail
Year Built
31-50
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
St. Thomas
Community
St. Thomas
Taxes & Fees
Taxes
$22,848.92 /yr
Tax Year
2025
Occupancy
Vacant
Taxes
$22,848.92 /yr
Tax Year
2025
Occupancy
Vacant
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