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$ 769,000
Est. payment /mo
Active
431 Talbot ST St. Thomas, ON N5P 1C1
2 Baths
3,369 SqFt
UPDATED:
02/03/2025 04:54 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,369 sqft
Price per Sqft $228
Subdivision St. Thomas
MLS Listing ID X11925577
Tax Year 2025
Property Description
Mugford Shoes and Clothing is a well-established, turn-key retail business in downtown St. Thomas, offering high-quality, name-brand shoes and clothing for men and women. With 60 years of success, a loyal customer base, and a prime location, this business is ready for a new owner to continue its legacy. Highlights: 60 years in business with a trusted reputation. Prime downtown location with ample parking and high foot traffic. Loyal customer base and a broad selection of name-brand footwear and apparel. Turn-key operation with trained staff in place. Great growth potential as the area expands with new industry. Reason for Sale: There are only two shoe stores in the town and this one is the oldest one. There are about $500K inventory is included in the price The owners are retiring and seeking a buyer to continue building on the business success.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Zoning C2
Interior
Cooling Yes
Inclusions Included in Sale: Inventory of shoes and clothing. All equipment and fixtures. Established customer lists and digital assets. Leasehold interest in the downtown location.
Exterior
Parking Features None
Community Features Public Transit
Utilities Available Available
Building
Lot Description Building
Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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