For Sale · Retail

829 TALBOT STREET, St. Thomas

829 TALBOT STREET, St. Thomas, ON N5P1E4

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

86%

About this property

Prime commercial opportunity in the downtown core of St. Thomas. Currently operating as a long-standing hair salon, this highly visible road-front unit offers approximately 1,410 square feet of versatile main-floor space on bustling Talbot Street. The property features large display windows offering excellent natural light and exposure to high daily pedestrian and vehicular traffic. The interior layout consists of a sprawling open-concept main floor, a dedicated back prep/bar area, two 2-piece washrooms, and dual rear storage rooms. Flexible C3 zoning accommodates a wide variety of permitted uses, including retail boutiques, personal service establishments, professional offices, or cafes. Clients benefit from convenient storefront street parking, supplemented by additional rear parking and back-door access for staff and deliveries. Available for possession in February 2027. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

99,929

Households

44,949

Median income

$77,000

Median age

43.3

Daytime population

88,717

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 829 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.