$2,399,000
Available - For Sale
Listing ID: X11960384
449 Talbot Street , St. Thomas, N5P 1C1, Elgin
| 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. |
| Price | $2,399,000 |
| Taxes: | $20003.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 449 Talbot Street , St. Thomas, N5P 1C1, Elgin |
| Postal Code: | N5P 1C1 |
| Province/State: | Elgin |
| Directions/Cross Streets: | Hiawatha St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 16000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 8000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 8000 |
| Retail Area Code: | Sq Ft |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TRILAND REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Tax: | $20,003 |
| Fireplace: | N |
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