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$ 479,900
Est. payment | /mo
2 Baths
2,592 SqFt
$ 479,900
Est. payment | /mo
2 Baths
2,592 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $185
Subdivision Nw
MLS Listing ID X12057095
Building Age 100+
Annual Tax Amount $4,676
Tax Year 2024
Property Sub-Type Office
Property Description
Excellent Downtown building with C2 zoning (under Documents). This building has been a lawyer's office for years on the main level and still is (Tenants). The main level offers a vestibule reception area, four offices and three work areas. There is access to the basement area from here which has a small kitchenette, storage and washroom. The second level which is currently vacant and could be rented out for more monthly income, which has three offices (could be four), 2 piece bathroom and a small kitchenette. Presently the landlord pays for the heat, hydro, water, taxes and insurance. Current income is $26,400/year. There is a current lease in place until May 31, 2026 (second year of the lease income is $27,600). Two water heaters owned also there is a forced air gas furnace and central air unit that supplies the main floor and a HVAC unit on the roof that supplies heat and central air to the second level (there are separate meters for both levels-hydro, gas and water). There is no parking with this building. You can park behind the building or across the street (permit parking).
Location
Province ON
County Elgin
Community Nw
Area Elgin
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 45.0
Lot Depth 60.07
Others
Security Features No
Virtual Tour https://unbranded.iguidephotos.com/8_elgin_st_st_thomas_on/
Listed by ROYAL LEPAGE TRILAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN