449-453 Talbot St - Storefront Retail/Residential FOR SALE


St Thomas, ON N5P 1C1
$2,399,000 CAD
519-633-0600

NO PHOTO

$2,399,000 CAD
Storefront Retail/Residential - FOR SALE
null | 6.25% Cap Rate

449-453 Talbot St
St Thomas, ON N5P 1C1


HIGHLIGHTS

  • Prime investment opportunity. Fully tenanted and zoned C2.
  • Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning.
  • It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community.
  • Possibility of retail business for sale.

OVERVIEW

Located in the heart of Downtown St. Thomas, 449-453 Talbot Street is a fully tenanted, mixed-use commercial building offering a fantastic investment opportunity. Zoned C2, this property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, while 453 Talbot Street includes seven residential units, each with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530 and room for future growth, this turn-key property offers excellent visibility, accessibility, and modern upgrades in a thriving and rapidly expanding community.

FOR SALE DETAILS

PRICE

$2,399,000 CAD

PRICE/SF

$150 CAD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C2

APN/PARCEL ID

342101005013000

ASK ABOUT THIS PROPERTY

Callista TryonRoyal LePage Triland RealtyMore Info
519-633-0600

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Callista TryonRoyal LePage Triland RealtyMore Info
519-633-0600

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