| Attention All Investors, This Impressive Red Brick, multi-use building, presents a fantastic opportunity in a Prime Location, in St. Thomas just off Centre Street, close to the downtown core. The Property features approximately 750 sq ft of Professional Office space on the main floor, presently Vacant. Also complemented by Four (4) Residential Apartments Fully Rented, offering diverse income streams. Parking will never be an issue with 12 parking spaces available on site. Inside, tenants and owners will benefit from numerous updates, including newer Gas Furnace, updated Electrical Hydro Service and Updated Fire Coded Drywall. There is significant potential to expand the residential Income further by adding one more Legal apartment in the basement, which already has Two points of Access and Larger Windows. This Solid building, with its combination of commercial and residential income, numerous updates, parking and incredible location. |
| Price | $769,000 |
| Taxes: | $4692.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 27 Southwick Street , St. Thomas, N5R 3R7, Elgin |
| Postal Code: | N5R 3R7 |
| Province/State: | Elgin |
| Legal Description: | PLAN 3 BLK P LOT 14 PT 13 ST. THOMAS |
| Directions/Cross Streets: | CENTRE |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 6070.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 750 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CENTRE CITY REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Approximate Age: | 51-99 |
| Tax: | $4,692 |
| Fireplace: | N |