This prime downtown commercial building offers an exceptional investment opportunity with two leased storefronts and a fully renovated, vacant residential apartment upstairs. The spacious 2-bedroom apartment with 11 ft Ceilings features brand new bamboo flooring, exposed brick walls, and a gorgeous white kitchen with a large island. Enjoy a morning coffee on the private back deck overlooking the Thames River. Located in a vibrant downtown area with high visibility and foot traffic and lots of town festivals that bring out shoppers. This property ensures immediate rental income from the storefronts while the residential unit provides potential for additional income. Unit 1 (151 Thames) is being leased as a hair salon and has been completely renovated with modern upgrades, new wiring, plumbing, drywall and sound barrier insulation. Unit 2 (153 Thames) is being leased as an office space that has been fully renovated with updated wiring, plumbing, drywall and kitchenette. Combining commercial and residential spaces, this versatile property is easily accessible. Don’t miss your chance to invest in this turn key opportunity. All 3 units have separate heat, A/C, hydro, Furnaces are owned and hot water tanks rented Upstairs Apartment is approx 1100 Sq ft Both commercial spaces are approx 480 Sq Ft each (id:47421)
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Listed By
Re/Max a-b Realty Ltd Brokerage
Data Provided By
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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Detailed Information
Lot
25 x 110 ft
Amenities Nearby
Hospital, Schools
Communication Type
High Speed Internet
Community Features
High Traffic Area
Equipment
Water Heater
Listing Contract Date
2024-06-14
Location Description
From 401, continue onto Harris St, Left onto Canterbury, Right onto Thames St S, Location on Right
Ownership Type
Freehold
Property Type
Office
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
Partial
Exterior Finish
Brick
Foundation Type
Block
Stories Total
2
Size (Exterior)
2010
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Schools
Sewer
Municipal sewage system
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