172 Centre Street, St. Thomas, ON Image 1

$600,000

Investment For Sale
MLS - #X11937156
Apr 2- By CBRE LIMITED

172 Centre Street, St. Thomas, ON N5R 3A4

Bed
Bath
2248 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

2248 Sqft

About 172 Centre Street

Office Investment Opportunity. This 2,248 SF Converted Office Building sits on 0.201 Acres. The Building is currently utilized as a two unit office building, with a Tenant located on the second floor and the main floor occupied by the Sellers business. The Seller is interested in leasing back the main floor unit, providing a fully occupied investment opportunity. 172 Centre Street is located on the south side of Centre Street, just east of Southwick Street. The Property is located in Central St. Thomas along the Downtown Corridor, one block south of Talbot Street. Centre Street is in a mixed use neighborhood, consisting of largely single family homes and businesses operating out of converted houses. This central location provides proximity to required commercial amenities including restaurants, retailers and services. The Property offers excellent onsite surface parking with a large paved parking area at the rear of the Site. Additional short term municipal parking is available along the north side of Centre Street. 172 Centre Street is zoned C8-2 allowing for a variety of uses, including but not limited to, Clinics and Restricted Business Offices

Home Overview

Last updated

Apr 2

Virtual tour

None

Basement information

Building size

2248

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Hot Water
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
60000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 172 Centre Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2291.59/ month
$480,000 Principal and Interest

Some information about this property - Centre Street

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