$699,900
Available - For Sale
Listing ID: X12332200
581-583 Talbot Stre , St. Thomas, N5P 1C5, Elgin
| 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: | $11549.82 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | 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 |
| 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 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 9350.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| SUTTON GROUP - SELECT REALTY |
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Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-272-5000
Fax:
905-270-0047
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Tax: | $11,549.82 |
| Fireplace: | N |
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