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:4069)
Address
449 TALBOT STREET
List Price
$2,499,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
St Thomas
Floor Area
16,000 Sq. Ft.
Lot Size
Bldg=66 FT Sq. Ft.
MLS® Number
X11960384
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Postal Code
N5P1C1
Zoning
C2
