449 Talbot ST Active Save Request In-Person Tour Request Virtual Tour
Elgin,ON N5P 1C1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $149
Subdivision St. Thomas
MLS Listing ID X12404511
Annual Tax Amount $20,003
Tax Year 2024
Property Sub-Type Investment
Property Description
This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Interior
Cooling Yes
Exterior
Utilities Available Yes