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:53193)
MLS® Number | X11960384 |
Property Type | Multi-family |
Community Name | St. Thomas |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 16000 Sqft |
SizeInterior | 16000 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
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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