$4,500,000
St. Thomas
130 Woodworth Avenue, St. Thomas, Ontario, N5P3K1
This industrial property in St. Thomas is for sale offering roughly 33,720 sq ft of space.
Immaculate and well-maintained warehouse facility strategically located in the northeast end of the City of St. Thomas, in close proximity to the new battery plant currently under construction-an ideal opportunity for feeder or supporting industries. Originally built in 1974 with a substantial addition completed in 2004, this property offers a functional and versatile layout suitable for a wide range of industrial or warehousing operations.The office component totals approximately 2,665 square feet and includes a welcoming reception area, multiple private offices, staff washrooms, a retail/showroom area, and a boardroom. The warehouse area comprises approximately 31,055 square feet. The original section measures roughly 161' x 119' with clear heights ranging from 17' to 20' at the center and includes an office and staff washrooms. The newer addition measures approximately 59' x 168' and features an office, storage area, one drive-in truck door, and three loading docks. The entire building is fully sprinklered.The rear yard offers fenced and gated parking, providing added security and functionality. Numerous updates and renovations have been completed over the past several years, reflecting pride of ownership throughout.Please note that zoning for the property was amended to residential in 2018; however, the existing warehousing use is legal and conforming. Discussions with the City of St. Thomas Planning Department indicate a willingness to work with a new owner to support compliance with future intended uses.The current owner has occupied the property since 2008 and is relocating to a new facility presently under construction. A sale-leaseback arrangement for approximately 2-3 years is preferred, offering potential income stability for an investor during the transition period. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 337 days on market, against an average age of 70 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This industrial in St. Thomas is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $4,500,000, about 58.1× the local median household income of $77,500.
Carrying it typically needs a household income of about $879,008 (20% down, 25-yr amortization, stress-tested) — roughly 1034% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5P)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →No similar listings for sale right now.