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$ 449,000
Est. payment /mo
Active
14 ST CATHARINE STREET S St. Thomas, ON N5P2V6
9,666 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,666 sqft
Price per Sqft $46
Subdivision St. Thomas
MLS® Listing ID X12589062
Source London and St. Thomas Association of REALTORS®
Property Description
LOCATION LOCATION LOCATION! Exceptional investment opportunity in the heart of downtown St. Thomas. This vacant 6,300 sq. ft. building plus a 41 ft x 109 ft rear lot (offering 14 parking spaces) are both zoned C2, offering tremendous flexibility for full commercial use, full residential development, or mixed use projects. Architectural plans are available to convert the entire building into 11 residential units, creating strong future cash flow with no rent control on newly developed units. The property is fully serviced with municipal water and sewer, natural gas, and hydro. The building currently includes 6 breakers, 6 hydro meters bases, 3 gas meters, 3 furnaces, and 8 existing points of entry. Prime visibility and unbeatable walkability, just steps to City Hall, the Public Library, YMCA daycare, shops, restaurants, bars, and public transit. A rare and versatile opportunity in a high demand location! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No

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