1016 TALBOT STREET, St. Thomas

$1/sqft

For rent: Other

Other at 1016 TALBOT STREET, St. Thomas
Property type
Commercial Retail
MLS®
MLS® X13238426
Neighbourhood
St. Thomas

1016 Talbot Street is a high-visibility commercial property located on St. Thomas's primary retail corridor, currently being repositioned and extensively renovated into a modern multi-tenant plaza.The building is a single-storey free-span structure situated on a 16,554 sq ft lot, offering approximately 10,000 sq ft of dividable leasable space. The property is undergoing a full transformation featuring new corrugated metal siding with angled accent panels, a stone veneer base, aluminum-frame storefronts, and new washrooms, HVAC, and electrical systems in each unit. Optional patio space is available, and a prominent pylon sign on Talbot Street - combined with up to 54 on-site parking spots - ensures strong tenant visibility and convenient customer access. Zoned C7-33 under City of St. Thomas By-law 50-88 (as amended by By-law 60-2024), the property accommodates an exceptionally broad range of permitted uses, including professional offices, pharmacy/drugstore, medical and health clinics, automotive parts and services, building supplies, restaurants and cafés, specialty retail, craft breweries, and entertainment centres. This flexibility makes it well-suited for a diverse mix of service, food, health, and professional tenants. Zoning: C7-33 Lot Size: 16,554 sq ft. Leasable Area: ~10,000 sq ft (divisible units available). *For Additional Property Details Click The Brochure Icon Below*

Sold data

Homes in St. Thomas — recent sold market

Homes in St. Thomas took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 47, across 140 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $522,500.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$522,500
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Thomas

St. Thomas has 16 Fraser Institute–rated schools (12 elementary and 4 secondary), averaging 5.2/10.

Rated schools
16
Elementary
12
Secondary
4
Average rating
5.2 / 10

Top-rated schools in St. Thomas

  • Eva Circe-Cote FI — elementaryFraser rating 7.1/10
  • Southwold — elementaryFraser rating 6.8/10
  • Pierre Elliott Trudeau FI — elementaryFraser rating 6.5/10
  • St. Joseph's — secondary, St ThomasFraser rating 6.5/10
  • Lockes — elementaryFraser rating 6.2/10
  • Parkside — secondary, St ThomasFraser rating 6.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1016 TALBOT STREET