2 Bathroom
1,800 ft2
Fully Air Conditioned
Forced Air
$489,000
Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer. (id:63616)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
|
MLS® Number
|
X13559158 |
|
Property Type
|
Retail |
|
Community Name
|
St. Thomas |
|
Amenities Near By
|
Public Transit |
|
Equipment Type
|
Water Heater |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,800 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Depth
|
50 Ft ,2 In |
|
Size Frontage
|
18 Ft |
|
Size Irregular
|
Unit=18.06 X 50.17 Ft |
|
Size Total Text
|
Unit=18.06 X 50.17 Ft |
|
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/30028373/370-talbot-street-st-thomas-st-thomas