For Lease · Retail

562 TALBOT STREET, St. Thomas

562 TALBOT STREET, St. Thomas, ON N5P1C8

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

98%

About this property

Prime Downtown St. Thomas Location! Exceptional opportunity to lease a beautifully modernized, turn-key commercial space in the vibrant heart of downtown. Situated just steps from St. Thomas City Hall, this premium street-level property offers maximum exposure, heavy foot traffic, and zero-step accessibility, making it an ideal layout for a high-end beauty boutique, professional therapy clinic, or modern medical office. Boasting approximately 1,100 sq. ft. of bright, completely open-concept space, the interior serves as a blank canvas ready to match your brand's aesthetic. The unit has been thoroughly updated with durable new flooring, contemporary lighting, and a fully refreshed bathroom. For professional services, the layout easily configures into multiple private treatment rooms, a welcoming client reception area, or an expansive retail showroom. Uniquely positioned to offer urban convenience without the logistical headache, this property includes in-unit laundry hookups, 2 rare dedicated staff parking spaces at the rear, and abundant street parking right out front for seamless client visits. Capitalize on the downtown core's consistent local draw and tourist visibility, just minutes from the St. Thomas Elevated Park and Jumbo the Elephant Memorial. Move-in ready and available immediately. Tenant pays utilities. Schedule your private tour today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

117,624

Households

44,693

Median income

$119,500

Median age

34.5

Daytime population

113,515

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 562 TALBOT STREET, St. Thomas.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.