28 Princess Avenue St. Thomas, Ontario N5R 3V4
$1,200,000
Rare 6.5% cap rate investment opportunity in this well-known St. Thomas mixed use property! Home to the Atrium, Junior's E-Bikes and two oversized 3-bedroom apartments, this is the perfect addition or start to your real estate portfolio. Once a flower shop, the building was transformed and now offers a passive investment opportunity with the status quo or the potential for an owner occupied space in a great location. Current net operating income = $78,482 per year with upside on rents! (id:35424)
Property Details
| MLS® Number | 40187407 |
| Property Type | Other |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
| Features | Visual Exposure, Skylight |
| Parking Space Total | 10 |
| Sign Type | Pylon |
Building
| Basement Type | None |
| Ceiling Type | Cathedral |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco, Vinyl Siding |
| Fire Protection | Alarm System, Security System |
| Fireplace Present | No |
| Fixture | Ceiling Fans |
| Foundation Type | Block |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 9000.0000 |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 174 Ft |
| Size Frontage | 94 Ft |
| Size Irregular | 0.422 |
| Size Total | 0.422 Ac|under 1/2 Acre |
| Size Total Text | 0.422 Ac|under 1/2 Acre |
| Zoning Description | C8 |
https://www.realtor.ca/real-estate/23826669/28-princess-avenue-st-thomas
Interested?
Contact us for more information
Jamie Dodds
Salesperson
https://www.linkedin.com/in/jamie-dodds-300a9b42/
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
Justin Konikow
Salesperson
www.theclosers.ca
www.facebook.com/theClosersRealty
ca.linkedin.com/pub/justin-konikow-real-estate/27/a61/20a
twitter.com/theclosersteam
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage
November 16 2021 01:49:13
