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*
| MLS # | X13238426 |
|---|---|
| Listing Type | For Lease |
| Status | New |
| Year | 0 |
| Days On Site | 114 |
| Listing Provided By | ICI SOURCE REAL ASSET SERVICES INC. | X13238426 209900 |
| SQ Feet | 9,708 |
|---|---|
| Acreage | 0.22 |
| Cooling | Yes |
|---|---|
| Heat Source | Gas |
| Lot Features | Irregular Lot |
|---|---|
| Security Features | Partial |
| Utilities | Available |
|---|
| Tax Annual Amount | 11742.2 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5P 1G3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 1G3) | |
Price: $1 low | high Med: $1 sqft: 9,708 low | high Med: 9,708 $ / sqft: $0 low | high Med: $0 On site: 114 low | high Med: 114 | |
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5P 1G3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 1G3) | |
Price: $1 low | high Med: $1 sqft: 9,708 low | high Med: 9,708 $ / sqft: $0 low | high Med: $0 On site: 114 low | high Med: 114 | |