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449 Talbot Street St. Thomas, Ontario N5P 1C1

16000 sqft
Fully Air Conditioned Forced Air

$2,499,000

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:38414)

Property Details

MLS® Number X11960384
Property Type Multi-family
Community Name St. Thomas

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 16000 Sqft
SizeInterior 16000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeFrontage 66 Ft
SizeIrregular Bldg=66 Ft
SizeTotalText Bldg=66 Ft
ZoningDescription C2

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