4-8 ELGIN Street, St. Thomas, Ontario N5R 3L6 is For Sale and has a listing price of 469,900. The property is located in the St. Thomas neighbourhood . It's been on the website for 36 Days.
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).
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
04/02/2025 | X12057095 | $469,900 | For Sale | - | - |