449 Talbot Street St. Thomas, Ontario N5P 1C1
$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:39382)
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 |
https://www.realtor.ca/real-estate/27886822/449-talbot-street-st-thomas-st-thomas
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February 06 2025 07:21:29
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty