449 TALBOT STREET Active

St. Thomas,ON N5P1C1

$ 2399000

17 Beds

1 Bath

5000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $479

Subdivision St. Thomas

MLS Listing ID X12404508

Bedrooms 17

Source London and St. Thomas Association of REALTORS®

Property Description

This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Second level 3.5 m X 3 m Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

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