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$2,499,000
Available - For Sale
Listing ID: X11960384
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.
Price $2,499,000
Taxes: $20,003
Tax Type: Annual
Occupancy by: Tenant
Address: 449 Talbot St , St. Thomas, N5P 1C1, Ontario
Postal Code: N5P 1C1
Province/State: Ontario
Directions/Cross Streets: Hiawatha St
Zoning: C2
Category: Apartment
Building Percentage: Y
Total Area: 16,000
Total Area Code:  Sq Ft
Office/Appartment Area: 8000
Office/Appartment Area Code: Sq Ft
Retail Area: 8000
Retail Area Code: Sq Ft
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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ROYAL LEPAGE TRILAND REALTY

449 Talbot St , St. Thomas, N5P 1C1, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
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Lot Size: 66.00 x 0.00(Feet)
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Tax: $20,003
Maintenance Fee: $0
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