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.
Overview
Property ID:
X12404508
Type:
Multiplex
Bedrooms:
17
Bathrooms:
1
Price:
$2,399,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Central Air
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
20003
PossessionDetails:
Flexible
Map
-
AddressSt. Thomas
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