172 Centre St - Office/Residential FOR SALE


St Thomas, ON N5R 3A4
$600,000 CAD
519-673-6444
172 Centre St, St Thomas, ON for Sale
$600,000 CAD
Office/Residential - FOR SALE
1/1
null | Request Cap Rate

172 Centre St
St Thomas, ON N5R 3A4


OVERVIEW

CONDITIONALLY SOLD. Office Investment Opportunity. This 2,248 SF Converted Office Building sits on 0.201 Acres. The Building is currently utilized as a two unit office building, with a Tenant located on the second floor and the main floor occupied by the Sellers business. The Seller is interested in leasing back the main floor unit, providing a fully occupied investment opportunity. 172 Centre Street is located on the south side of Centre Street, just east of Southwick Street. The Property is located in Central St. Thomas along the Downtown Corridor, one block south of Talbot Street. Centre Street is in a mixed use neighborhood, consisting of largely single family homes and businesses operating out of converted houses. This central location provides proximity to required commercial amenities including restaurants, retailers and services. The Property offers excellent onsite surface parking with a large paved parking area at the rear of the Site. Additional short term municipal parking is available along the north side of Centre Street. 172 Centre Street is zoned C8-2 allowing for a variety of uses, including but not limited to, Clinics and Restricted Business Offices

FOR SALE DETAILS

PRICE

$600,000 CAD

PRICE/SF

$267 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,182 SF

ZONING

C8

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin MacDougallCBRE, LimitedMore Info
519-673-6444

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Kevin MacDougallCBRE, LimitedMore Info
519-673-6444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.