Property Specs:
Price$1,199,000.00
CityEssex, ON
Address127-131 Talbot ROAD North
Listing ID23006728
ConstructionStucco
FlooringCeramic/Porcelain, Laminate
Land Size100.69 ft X IRREG
TypeMulti-Family
StatusFor sale
Extended Features:
Ownership FreeholdBuilding Amenities Laundry FacilityFoundation BlockHeating Furnace, Space HeaterHeating Fuel Electric, Natural gas
Details:
Introducing a rare and exceptional investment opportunity at 127-131 Talbot Street North, Essex, Ontario. This massive 8-plex mixed-use property is situated on a high-traffic commercial corner lot and is perfect for both owner-occupiers and investors alike. Commercial space contains a 4,200 SF commercial space (600SF rented, 3,600 SF vacant). Vacant space is equipped with 4 bathrooms, a large kitchen, double convection oven, commercial sink, 6 burner range, 15 foot exhaust fan & fire suppression system and walk-in freezer permitted for various uses. The property also features 6-well-maintained residential units, a great unit mix of 1bd to 3bd-units all completely separately meteres ensures a steady cash flow and low vacancy rates, second floor of 131 Talbot has private outdoor terrace. 127 Talbot exterior stucco completed in 2018 with new parapet. Municipal and on-street parking available. Financials available upon request. (id:4555)