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$ 250,000
Est. payment /mo
New
215 Talbot Street St. Thomas, ON N5P 1A8
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40715676
Originating Board Waterloo Region
Annual Tax Amount $2,669
Property Sub-Type Mixed Use
Property Description
For Sale – Mixed-Use Development Opportunity in Saint Thomas
0.304-acre mixed-use property located at the prominent corner of Talbot Street and New Street in Saint Thomas. Situated within a well-established commercial node and surrounded by residential neighbourhoods, this site offers strong redevelopment potential in a growing community. The C1-4 zoning (Downtown Talbot West Commercial Zone) allows for a range of commercial uses with the potential to incorporate residential components. The site permits a maximum building height of approximately 45 metres (15 storeys), providing flexibility for future development. The surrounding area benefits from a rising population and ongoing economic investment, including the planned Volkswagen battery plant, expected to bring 3,000 new jobs by 2027. This is an ideal opportunity for developers and investors seeking a strategically located site in a growing urban market.
0.304-acre mixed-use property located at the prominent corner of Talbot Street and New Street in Saint Thomas. Situated within a well-established commercial node and surrounded by residential neighbourhoods, this site offers strong redevelopment potential in a growing community. The C1-4 zoning (Downtown Talbot West Commercial Zone) allows for a range of commercial uses with the potential to incorporate residential components. The site permits a maximum building height of approximately 45 metres (15 storeys), providing flexibility for future development. The surrounding area benefits from a rising population and ongoing economic investment, including the planned Volkswagen battery plant, expected to bring 3,000 new jobs by 2027. This is an ideal opportunity for developers and investors seeking a strategically located site in a growing urban market.
Location
Province ON
County Elgin
Area St. Thomas
Zoning C1-4 (Downtown Talbot West Commercial Zone)
Direction On the corner of Talbot Street and New Street
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro
Lot Frontage 142.06
Garage No
Building
Lot Description Urban, Corner Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces On the corner of Talbot Street and New Street
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 351700460
Ownership Freehold/None
Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.