115 Edward Street

Lennard Commercial Realty has been retained by the Vendor to facilitate the sale of a 100% freehold interest in a freestanding commercial property located at 115 Edward Street, St. Thomas, ON.
This offering includes a 24,208 square foot retail building situated on a 2.57-acre lot, complemented by an additional 2.28-acre severed parcel, totaling 4.85 acres. The Property features a large open retail floor space, covered storage, a receiving area, and gated outdoor storage, providing versatility for various retail or commercial uses.
Strategically positioned in St. Thomas, a city experiencing rapid growth, the population currently stands at approximately 50,000 and is projected to increase by 60% to nearly 80,000 by 2051. As part of the London Census Metropolitan Area (CMA), which has a population of approximately 545,000, St. Thomas serves as a key regional hub for business and commerce.
With its strategic location and ample excess land, the Property offers an outstanding opportunity for owner-users, developers, or investors seeking a highly visible commercial asset with significant growth potential in a thriving market.

• 24,208 SF freestanding building on 2.57 acres
• Adjacent parcel of 2.28 acres (severed) included in the offering
• Prime location, surrounded by national branded retailers
• Well configured building, ideal for both end users and investors
• Premium visibility along St. Thomas’ busiest thoroughfare
• Strategic location in a rapidly expanding community

Construction

Concrete slab on grade with cast-in-place concrete foundation walls. Built in 1997 with multiple renovations including full roof replacement in 2019.

Access

Full-turn access from First Avenue and Edward Street. 

Environmental & BCA

Phase 1 (Englobe - December 2017) Geotechnical (Norlon Builders - August 2008).

Vacant Parcel (Excess Land)

2.28 acres of adjacent prime commercial land fronting onto First Avenue.

Financing

Free and clear offering (VTB may be considered).