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$479,900
Available - For Sale
Listing ID: X12057095
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).
Price $479,900
Taxes: $4,676.56
Tax Type: Annual
Occupancy by: Tenant
Address: 4-8 ELGIN Stre , St. Thomas, N5R 3L6, Elgin
Postal Code: N5R 3L6
Province/State: Elgin
Legal Description: PT LT 6-7 PL 187 ST. THOMAS AS IN E31414
Directions/Cross Streets: WELLINGTON/ELGIN
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
Category: Office
Use: Professional Office
Building Percentage: T
Total Area: 2,592
Total Area Code:  Square Feet
Office/Appartment Area: 1296
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Financial Statement: F
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE TRILAND REALTY

4-8 ELGIN Stre , St. Thomas, N5R 3L6, Elgin


 
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At a Glance:
Type: Com - Office
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 60.07(Feet)
Approximate Age: 100+
Tax: $4,676.56
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
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