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$ 2,399,000
Est. payment /mo
Active
449 TALBOT STREET St. Thomas, ON N5P1C1
17 Beds
1 Bath
5,000 SqFt
UPDATED:
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
Listed by ROYAL LEPAGE TRILAND REALTY