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). (id:52373)
Business Type | Other |
Business Sub Type | Professional office(s) |
MLS® Number | X12057095 |
Property Type | Office |
Community Name | NW |
Amenities Near By | Public Transit |
Bathroom Total | 2 |
Age | 100+ Years |
Appliances | Water Heater |
Cooling Type | Fully Air Conditioned |
Heating Type | Other |
Size Interior | 2,592 Ft2 |
Type | Offices |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Size Depth | 60 Ft |
Size Frontage | 45 Ft |
Size Irregular | 45 X 60.07 Ft |
Size Total Text | 45 X 60.07 Ft |
Zoning Description | C-2 |
https://www.realtor.ca/real-estate/28108784/4-8-elgin-street-st-thomas-nw
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Rob Kilmer
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