170 Wellington St - Medical FOR SALE


St Thomas, ON N5R 2S1
$1,295,000 CAD
519-673-6444

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$1,295,000 CAD
Medical - FOR SALE
null | Request Cap Rate

170 Wellington St
St Thomas, ON N5R 2S1


HIGHLIGHTS

  • Prime Location.
  • Future Development Potential.
  • Mixed-Use Zoning.

OVERVIEW

The ±7,790 square foot multi-tenant commercial building at 170 Wellington Street offers a versatile space that caters to a variety of businesses. Currently, 5,753 square feet of this space is leased to multiple tenants, including a fitness center, massage therapist, and day spa. These tenants bring vitality and foot traffic to the property. The remaining 2,037 square feet is currently vacant, providing an exceptional opportunity for customization to suit the needs of an owner-occupier or for lease to a new tenant. With its strategic location and flexible zoning (R4-34), this space is not only income-producing but also holds potential for future development, making it an attractive proposition for investors seeking to capitalize on its prime location and versatile layout.

FOR SALE DETAILS

PRICE

$1,295,000 CAD

PRICE/SF

$166 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

R4-34

APN/PARCEL ID

342104035005100

ASK ABOUT THIS PROPERTY

519-673-6444

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519-673-6444

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