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$5,250,000
Est. payment /mo
24,208 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 24,208 sqft
Price per Sqft $216
Subdivision St. Thomas
MLS Listing ID X12033837
Annual Tax Amount $78,151
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Freestanding 24,208 SF retail/commercial building on 2.57 acres, plus an additional 2.28-acre severed parcel, totaling 4.85 acres. This high-visibility property in St. Thomas features a large open retail floor, covered storage, a receiving area, and gated outdoor storage, offering flexibility for various commercial uses. Positioned in a rapidly growing city within the London CMA, the areas population is expected to increase by 60% by 2051. C5 zoning allows for a wide range of retail and commercial uses. With ample excess land, surrounded by national retailers and strong regional growth, this is a prime opportunity for owner-users, developers, or investors in a thriving commercial market. Owner will also consider leasing.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Zoning C5 - Secondary Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 363.48
Lot Depth 537.56
Others
Security Features Yes
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Listed by LENNARD COMMERCIAL REALTY
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