449 TALBOT STREET Active

St. Thomas,ON N5P1C1

$ 2499000

- Bed

- Bath

16000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $156

Subdivision St. Thomas

MLS Listing ID X11960384

Originating Board London and St. Thomas Association of REALTORS®

Property Description

This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale. (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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