$460,000
Available - For Sale
Listing ID: X12996116
575 Talbot Street , St. Thomas, N5P 1C5, Elgin


Position your business in the heart of downtown St. Thomas with this fully updated commercial storefront offering outstanding visibility and versatility. The main floor was completely renovated in 2019 and features a modern, open-concept layout with expansive storefront glass, creating excellent exposure and a bright, welcoming environment. Updates include a new furnace, air conditioning, water heater, durable laminate flooring, and a fully accessible washroom.The second floor, previously used as a darkroom, presents strong potential for conversion into a studio or bachelor apartment, offering an opportunity for additional income. This upper level is serviced by electric baseboard heating.The basement is clean, functional, and includes a convenient 1-piece washroom, providing additional utility and storage space.An ideal opportunity for entrepreneurs or investors seeking a turnkey commercial space with income-generating potential in a high-traffic downtown location.
Price $460,000
Taxes: $8652.45
Tax Type: Annual
Occupancy: Owner
Address: 575 Talbot Street , St. Thomas, N5P 1C5, Elgin
Postal Code: N5P 1C5
Province/State: Elgin
Legal Description: Part Lot 15 Plan 182 St Thomas a in E155
Directions/Cross Streets: Princess Ave
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
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 0
Washroom Type 32 0
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 0.06
Total Area Code:  Acres
Office/Appartment Area: 795
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 100+
Financial Statement: F
Chattels: F
Franchise: F
Sprinklers: No
Washrooms: 2
Rail: N
Grade Level Shipping Doors #: 1
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY
Personal Picture
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
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At a Glance:
Type: Com - Commercial Retail
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 114.96(Feet)
Approximate Age: 100+
Tax: $8,652.45
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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