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$ 599,900
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Price Dropped by $75K
27 Southwick ST St. Thomas, ON N5R 3R7
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision St. Thomas
MLS Listing ID X12805850
Annual Tax Amount $4,692
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Elgin
Area Elgin
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 72.68
Lot Depth 123.25
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by RE/MAX CENTRE CITY REALTY INC.
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145 Wharncliffe Rd S, London, ON, N6J 2K4, CAN
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