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:51018)
| MLS® Number | X11960384 |
| Property Type | Multi-family |
| Community Name | St. Thomas |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 16000 Sqft |
| Size Interior | 16000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66 Ft |
| Size Total Text | Bldg=66 Ft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/27886822/449-talbot-street-st-thomas-st-thomas
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