4-8 Elgin Street , St. Thomas, ON N5R 3L6
St. Thomas, ON N5R 3L6
Description
Excellent Downtown building with C2 zoning (under Documents). This building has been a lawyer's office for years on the main level and still is (Tenants). The main level offers a vestibule reception area, four offices and three work areas. There is access to the basement area from here which has a small kitchenette, storage and washroom. The second level which is currently vacant and could be rented out for more monthly income, which has three offices (could be four), 2 piece bathroom and a small kitchenette. Presently the landlord pays for the heat, hydro, water, taxes and insurance. Current income is $26,400/year. There is a current lease in place until May 31, 2026 (second year of the lease income is $27,600). Two water heaters owned also there is a forced air gas furnace and central air unit that supplies the main floor and a HVAC unit on the roof that supplies heat and central air to the second level (there are separate meters for both levels-hydro, gas and water). There is no parking with this building. You can park behind the building or across the street (permit parking).
Details
| MLS# | X12057095 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 15 |
| Listing Provided By | ROYAL LEPAGE TRILAND REALTY | X12057095 355004 |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 2,592 |
| Acreage | 0.06 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5R 3L6 |
| Area | NW |
| Listing VS Median (In N5R 3L6) | |
Price: $479,900 low | high Med: $479,900 SqFt: 2,592 low | high Med: 2,592 $ / SqFt: $185 low | high Med: $185 On site: 15 low | high Med: 15.000000 | |
