$750,000

344-360 Talbot Street

St. Thomas ON, N5R 3L6

Description

Attention Developers and Investors! Here is a nice opportunity to acquire an approximately 20,000 sq. foot building in prime Talbot Street location. Located right beside St. Thomas largest apartment building, Grand Central Towers on recently upgraded section of Talbot Street. Building has 121 feet of frontage along Talbot Street with 5 entrances and addresses (344,346,348,350 and 360 Talbot Street). Possible severance opportunity. Property is zoned C2 with many possible uses including residential, office, retail and more. Sellers have gutted building at 360 Talbot and had drawings done for a 7 unit residential and 1 unit commercial redevelopment. The total building has the potential for 20-25 residential apartments and 5 or 6 street level commercial units. Property is being sold for less than $40 per sq. foot.

Details

MLS#40036367
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site41

Features

Loading Form
Loading Form
Area Information
ProvinceON
CountyElgin
CitySt. Thomas
Postal CodeN5R 3L6
AreaSt. Thomas
Listing VS Median (in N5R 3L6)
Price:
$750,000
low | high
Med:
$750,000
50% of Average
On Site:
41
low | high
Med:
41
100% of Average
Listing Updated: November 30, 2020 8:00:35 PM PST
BRUCE THOMAS LogoMLS Number: 40036367
Listing Provided By:
BRUCE THOMAS  of  ROYAL LEPAGE TRILAND REALTY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.