208 Main Street, Thessalon. Presented by. Jonathan Stewart, Broker of Record

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1 208 Main Street, Thessalon Presented by Jonathan Stewart, Broker of Record

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6 Jonathan Stewart, Broker of Record Royal LePage Northern Advantage Stewart Team, Brokerage (Office) Not intended to solicit sellers or buyers under contract with another Realtor.

7 Stedmans V&S Department Store, 208 Main Street, Thessalon $650,000 Property Profile Longstanding, successful and profitable Stedmans V&S Department Store business located in an excellent and primely located 6723 square foot retail building, which is included in the sale. This is a well managed, solid local business and real estate investment. The current owners are retiring and are willing to help and train the new owner. The property being sold includes the vacant side lot to the south. This solid, slab on grade building has a newer rubber membrane roof, a new video security system, and an 8 year old high efficiency natural gas forced air furnace heating the space, along with air conditioning also. The building is wide open inside, with only 3 posts in the entire retail space. Don t miss out on this excellent business and building, a great opportunity for a people orientated owner operator or real estate investor. Overview 6723 sq. ft. Natural Gas Forced Air Heating Air Conditioning 85 x 132 Lot C1 General Commercial Zoning Municipal Water and Sewer Taxes $8, for Bathroom MLS #SM Hwy 17 B in Downtown Thessalon View iguide Floor Plans and Virtual Tour Google Maps Link

8 208 Main Street, Thessalon $650,000. Additional Information Property Features Business name: Stedmans V&S Department Store Department Store retail sales business, includes building Environmental Audit was done at time of Buyers purchase in 2002 Possession is proposed at days Sale to be completed by sale of corporate shares in clean corporation, asset sale also available by negotiation Sale price is plus HST if sold as assets 8 year old natural gas forced air furnace Air conditioning Newer rubber membrane roof New video camera security system for theft protection 12 foot ceilings Extra side lot included beside building, and between Tulloch Engineering building to the south Slab on grade foundation Concrete block construction Rear staff parking area plus street parking out front on Main Street Office space at the rear of the store Storage, bathroom, and warehouse space in the back Main Street storefront, almost directly across from Thessalon s Valu-Mart grocery store Inclusions/Exclusions Inventory available in addition, with value to be calculated at closing as negotiated Store fixtures and business equipment are included Supplier fixtures and equipment are excluded

9 L P c S a S.B. C A C L a D c D c S b D c A $ PIN A a Ta $ L Da C Da $650,000 FOR SALE 2%+HST 208 Ma ST T a 259, $8, /20/2021 MLS # ICI T B T R a P0R 1L0 Z L S Ac a R # F O P La T SM LT 22 W/S MAIN ST PL 8 THESSALON; PT LT 21 W/S MAIN ST PL 8 THESSALON AS IN Ea T a C1 G a C c a =.25 ac 0.25 B I c. B W a D La P b c R a L a, cc a ab S a V&S D a S b ca a c a ca 6723 a a b, c c a. T a a a, ca b a a a. T c a a a a a. T b c aca. T, ab a b a a bb b a, a c, a a 8 a c c a a a c a ac a ac, a a c a. T b, 3 a ac. D c b a b, a a a a Wa N Wa Na S Y/N N L c b Y/N N L ca I N I C $ E. A Y Da a P a F b 2002 a c a SPIS Y/N N S Y/N N / A S F Ra Occ a c O A A (B ) U MPAC C 410 L a P c / PROPERTY FEATURES A C, E. I c, O c S ac, S F, W /S a HEATING TYPE F c A HEATING SOURCE Na a Ga ACCESS M c a R a FOUNDATION P C c BASEMENT S ab C SERVICES AVAILABLE Cab, H S I, H, Na a Ga, S L, T WATER/WELL M c a Wa SEWER/SEPTIC S S c D a M c a S c. CONSTRUCTION C c B c EXTERIOR FINISH B c, C c B c ROOF TYPE M b a C a I c S F a B E. F E c S O F. R a R a ALL REALTORS ARE TO FILL OUT THE SHOWING DISCLOSURE c c b ANY a b c. Sa b c b a a, a a a a ab b a. P HST. S a Ca ac R a S F O c S F I./Wa S F R a S F C c a S F C H 4, # Pa # S 1 # E a 0 R a E C S. ANNUAL EXPENSES: Wa /S I a c H a H O T a G I c N I c S Na 1 S Na 2 C I (O a ) I c. S Na 3 S Na 4 L O c R a L Pa N A a a S a T a - O : :// a a.ca/ L A J a a S a - OFF: a a.ca. a a.ca BROKER OF S O c S A C S P c F Da

10 THIS IS NOT A SURVEY. This diagram is provided for illustration purposes only. Please be aware that often the satellite image and property outline are not properly aligned. Measurements shown are estimated and approximate only. A real property survey must be referenced to establish the true size, extent and location of any property regardless of how it may appear.

11 208 Main St, Thessalon, ON Main Floor Total Exterior Area sq ft Total Interior Area sq ft STORAGE 25'1" x 24'7" 616 sq ft VESTIBULE COMMERCIAL 87'10" x 56'9" 4909 sq ft STORAGE 25'1" x 31'3" 652 sq ft CL OFFICE 8'1" x 10' 67 sq ft WSHRM ft PREPARED: Jul 2021 N White regions are excluded from total floor area in iguide floor plans. All room dimensions and floor areas must be considered approximate and are subject to independent verification.

12 208 Main St, Thessalon, ON Property Details Room Measurements Only major rooms are listed. Some listed rooms may be excluded from total interior floor area (e.g. garage). Room dimensions are largest length and width; parts of room may be smaller. Room area is not always equal to product of length and width. Floor Area Information Floor areas include footprint area of interior walls. All displayed floor areas are rounded to two decimal places. Total area is computed before rounding and may not equal to sum of displayed floor areas. Main Building MAIN FLOOR Commercial: 56'9" x 87'10" 4909 sq ft Office: 10' x 8'1" 67 sq ft Storage: 24'7" x 25'1" 616 sq ft Storage: 31'3" x 25'1" 652 sq ft Wshrm: 5' x 7' 35 sq ft Main Building MAIN FLOOR Interior Area: sq ft Perimeter Wall Length: 344 ft Perimeter Wall Thickness: 10.0 in Exterior Area: sq ft Total Above Grade Floor Area Main Building Interior: sq ft Main Building Exterior: sq ft Customer Name: Jonathan Stewart, Broker of Record Customer Company: Royal LePage Northern Advantage Stewart Team, Brokerage Prepared: Jul 15, 2021 Questions? Or would you like to arrange a showing? Give the Stewart Team office a call at ! White regions are excluded from total floor area in iguide floor plans. All room dimensions and floor areas must be considered approximate and are subject to independent verification.

13 208 Main St, Thessalon, ON iguide Method of Measurement Definitions Interior Area is a per floor calculation, made by measuring to the inside surface of the exterior walls. Excluded Area is a sum of interior areas of all rooms (measured to the inside surface of room walls) that are excluded from the Interior Area for a floor. Prescribed area exclusions can vary from region to region. Examples of exclusions are spaces open to below, garages, cold cellars, crawl and reduced height spaces, non-enclosed open spaces, such as decks and balconies. The footprint of all interior walls and staircases is typically included in the reported Interior Area for a floor. The iguide PDF floor plans use color to highlight all included areas. All excluded areas are shown white. Exterior Area is a per floor calculation, made by measuring to the outside surface of the exterior walls, see below for calculation details. Grade is the ground level at the perimeter of the exterior finished surface of a house. A floor is considered to be above grade if its floor level is everywhere above grade. Total Interior Area is the sum of all Interior Areas. Total Excluded Area is the sum of all Excluded Areas. Total Exterior Area is the sum of all Exterior Areas. Unfinished Area is the sum of interior areas of all unfinished rooms (measured to the inside surface of room walls). Finished Area is Exterior Area minus Unfinished Area. Finished Area includes the footprint of interior and exterior walls. iguide Exterior Area Calculation Exterior Area = [Perimeter Wall Thickness] x [Perimeter Wall Length] + [Interior Area] Notes Disclaimer A. Perimeter Wall Thickness is an independent measurement taken from the property, typically, at the main entrance. Considerations are not made for varying wall thickness around the perimeter. B. Perimeter Wall Length is the sum of lengths of all exterior wall segments on a particular floor. When used to calculate Total Exterior Area Above Grade based on Total Interior Area Above Grade, it is the sum of perimeter wall lengths of all floors above grade. All dimensions and floor areas must be considered approximate and are subject to independent verification. White regions are excluded from total floor area in iguide floor plans. All room dimensions and floor areas must be considered approximate and are subject to independent verification.

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