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:4069)
Address
449 TALBOT STREET
List Price
$2,399,000
Property Type
Multi-family
Type of Dwelling
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
St Thomas
Bedrooms
17
Bathrooms
1
Floor Area
5000 - 100000 Sq. Ft.
Lot Size
66 FT Sq. Ft.
MLS® Number
X12404508
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Basement Area
Full, N/A (Unfinished)
Postal Code
N5P1C1
Zoning
C2
Site Influences
Schools, Public Transit
Amenities
Separate Electricity Meters
