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:13843)
MLS # | X11960384 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 156 |
Listing Provided By | ROYAL LEPAGE TRILAND REALTY | CALLISTA TRYON |
SQ Feet | 16,000 |
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Zoning | C2 |
Province | ON |
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City | St. Thomas |
Postal Code | N5P1C1 |
Listing VS Median (in N5P1C1) | |
Price: $2,499,000 low | high Med: $1,459,450 SqFt: 16,000 low | high Med: 9,668 $ / SqFt: $156 low | high Med: $141 On site: 156 low | high Med: 112.000000 |