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410 TALBOT Street, St. Thomas, Ontario, N5P1B9

410 TALBOT Street, St. Thomas, Ontario, N5P1B9 (ID 40209439)
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Keller Williams Innovation Realty, Brokerage
Cell: 519-505-7846
Tel: 519-570-4447

$8,700,000 - For sale

ID#:40209439

Mixed Use 3-story Building with 10,623 SQ FT ground floor commercial situated on high profile (.42 acre) site in downtown core area of St. Thomas. On site parking for 26 cars. Anchored by Shoppers Drug mart (7500 SQ FT.) . 24 Upper floor (elevator accessible) apartment units. (6-1 Bed, 14-2 Bed and 6-3 Bed). 13 units newly renovated. Recently completed exterior and interior (common area) building improvements and updates. Also includes additional separate deeded parking lot for 12 cars located at 13 Hincks Street (.11 acres). Commercial leases are net. Residential tenants pay for hydro utilities including heat, air conditioning and water heater rentals. Two coin operated laundry rooms. Full basement partially occupied by Shoppers Drug mart. Building is in very good well maintained condition. Many long term tenants. Residential rents are below market. Excellent long term investment with significant upside potential. Additional parking lot (.11 acre) located at 13 Hincks Street is available for additional development. Additional property information and financials available. (id:2471)

Location DescriptionSouth east corner of Talbot Street and Hincks Street in downtown core area of St. Thomas

Property Details
  • Property Address:410 TALBOT Street, St. Thomas, Ontario, N5P1B9
  • Property Type:Other
  • Title:Freehold
  • Lot Size:0.42
  • Acreage:0.42 ac|under 1/2 acre
  • Sewage Type:Sanitary sewer, Storm sewer
  • Water Type:Municipal water
  • Parking Space Total:38
Structure Details for 410 TALBOT Street, St. Thomas, Ontario, N5P1B9
  • Heating Type:Electric, Forced air
  • Storeys:3
  • Basement Type:Full (Finished)
  • Cooling Type:Central air conditioning
Amenities for 410 TALBOT Street, St. Thomas, Ontario, N5P1B9 Corner Site
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Keller Williams Innovation Realty, Brokerage
Cell: 519-505-7846
Tel: 519-570-4447
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410 TALBOT Street, St. Thomas, Ontario, N5P1B9

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