$25 Sq Ft Net
FOR LEASE

Commercial/Retail

Lot: 120 x 0 ft
2025 Taxes: $22,848.92

985 Talbot St W #B
St. Thomas, ON N5P 1E9 | Elgin

This 1400 square foot unit is located in the heart of downtown St. Thomas and has recently been utilized as a convenience store. The space is open concept and ready for your plan. It has been totally renovated within the past 3 years with new renovations including heating, electrical, plumbing, washroom, heating and cooling, flooring, etc. Neighbouring businesses include McDonald's, KFC, and a liquor store, amongst many others. Only one block from the busiest traffic corner in the city. Ideal for your retail business. Please note that this is a net lease, with the base rent being $25.00 per square foot and the tenant being responsible for common area expenses, including realty taxes currently $6.65 per square foot or $22,848.92 per year; insurance currently at $1.11 per square foot or $3,792.96 per year; maintenance; snow removal; landscaping; and grass cutting included in the common area costs. The estimated common area expenses for 2026 being $11.60 per square foot. Floor plans available upon request.
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12845812
Last Updated Mar 04, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
PIN 351860105
Legal Description LOT 53 PLAN 79 YARMOUTH PART LOT 2-4, 51-52 PLAN 79 YARMOUTH PART 1 & 2 11R3442 S/T E295769 ST THOMS
Possession Date Flexible
Taxes (2025) $22,848.92
Directions/Cross Streets FIRST AVENUE
Neighbourhood St. Thomas
Area Elgin
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Bathrooms 1
Lot 120 x 0 ft
Air Conditioning Yes
Garage Type None
Parking Spaces 63
Heat Type Gas Forced Air Closed
Sewers Sanitary+Storm

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