170 Wellington Street, St. Thomas | Image 1

170 Wellington Street

St. Thomas, NW

  • Commercial

$X,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Office

  • Property Type: Commercial

  • Business Type: Medical/Dental

  • Zoning: R-4-34

  • Age: No Data

  • Taxes: 14601.96

  • MLS®#: X8204170

  • Days on Site: 140 Days

  • Added: Dec 12, 2023 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CBRE LIMITED, BROKERAGE

170 Wellington Street is situated on a 0.59 acre parcel improved with a 7,790 square foot, multi-tenant commercial building. Conveniently situated in an area predominated by residential uses, the Property offers access to a deep consumer base while maintaining a short walk to downtown St. Thomas providing access to various retail and commercial amenities. With flexible fourth residential (R4-34) zoning, the Site allows for an assortment of permitted uses. Currently, 5,753 square feet of the premises are leased to several tenants including a fitness centre, massage therapist and day spa. The remaining 2,037 square feet is presently vacant offering an exceptional opportunity for an owner-occupier or an investor looking to create value through a backfilling lease program. The Offering also represents a rare opportunity to make use of an income-producing property with future development potential as the underlying zoning entitlement permits a variety of low to medium density residential build.

Property

  • Status: Sale

  • Type: Medical/Dental

  • Property Type: Office

  • Property Type: Office

  • Area: St. Thomas

  • Community: NW

  • Availability Date: IMMED

  • Assessment Amount: $423,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2022

  • Tax Legal Description: LOT 7, PART OF LOTS 6, 8, PLAN 123, PART OF LOTS 17 & 18 PLAN 86

  • Taxes: $14,602

  • Taxes Type: Annual

Land

  • Cross Street: N/A

  • Municipality District: St. Thomas

  • Parcel Number: 352200013

  • Sewer: San+Storm

  • Lot Frontage: 0.59 Acres

  • Zoning: R-4-34

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 7790

  • Total Area Metric: Sq Ft

  • Office Size: 7790

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

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