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$699,900
Available - For Sale
Listing ID: X12332200
Historic Downtown St. Thomas Multi-Use Building Over 9,000 Sq Ft! Currently configured as an office space, this versatile three-story building offers a prime downtown location with excellent redevelopment potential. The main floor features large glass storefront windows, a reception area, a customer lounge, five offices, a boardroom, two bathrooms, and a dedicated copy/computer area. Additional facilities include a file storage room, staff kitchen, and a receiving warehouse with rear access doors. An attractive open-concept two-storey staircase connects the main and second floors. The second floor includes a reception area, two offices, and a spacious 58' x 17'8" conference/meeting room ideal for large gatherings or presentations. The third floor, historically a theatre at the turn of the century, offers a large 45' x 35' open space with windows overlooking the downtown district, currently unused but ripe for redevelopment. This property includes a second entrance from the front of the building, providing convenient access to both the second and third floors. With some renovation, there are additional rooms on the upper levels to expand usable space, making this an excellent opportunity for office, retail, or residential conversions. Perfect for owners or developers seeking to capitalize on the vibrant St. Thomas downtown scene. This versatile building offers numerous opportunities for growth and customization. Zoning-C2 Downtown Talbot Commercial Zone, which offers several uses.
Price $699,900
Taxes: $11,549.82
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 581-583 Talbot Stre , St. Thomas, N5P 1C5, Elgin
Postal Code: N5P 1C5
Province/State: Elgin
Legal Description: LT 16 PL 182 ST. THOMAS.
Directions/Cross Streets: St. Catherine St/Princess Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 9,350
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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SUTTON GROUP - SELECT REALTY

581-583 Talbot Stre , St. Thomas, N5P 1C5, Elgin


 
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Type: Com - Commercial Retail
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
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Lot Size: x 115.00(Feet)
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Tax: $11,549.82
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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