Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer. (id:4069)
Address
370 TALBOT STREET
List Price
$489,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
St Thomas
Bathrooms
2
Floor Area
1,800 Sq. Ft.
Lot Size
Unit=18.06 x 50.17 FT Sq. Ft.
Lot Depth
50 ft ,2 in
Frontage Length
18 ft
MLS® Number
X13559158
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Postal Code
N5P1B6
Zoning
C2
Site Influences
Public Transit
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Fully air conditioned
Water Source
Municipal water
