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170 Wellington St

7,790 SF 59% Leased Office Building St Thomas, ON N5R 2S1 $1,295,000 CAD ($166 CAD/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,790 SF
Building Class
C
Year Built
1990
Price
$1,295,000 CAD
Price Per SF
$166 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,895 SF
Building FAR
0.36
Land Acres
0.50 AC
Zoning
R4-34 - Residential
Parking
31 Spaces (3.98 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,200 SF
  • Office
  • Full Build-Out
  • Now

Former chiropractic office, this space is ideal for any type of medical practice or office use. The lease rent of $5,900 per month includes heat and hydro. This unit is fully handicap accessible and contains a reception area, 8 treatment rooms or offices, 2 additional offices, and a washroom with plumbing for a washer and dryer. The unit is available immediately for your use. There is ample parking as well. Other tenants in this building include a gym and massage therapy.

Space Size Space Use Condition Available
1st Floor 3,200 SF Office Full Build-Out Now

1st Floor

Size
3,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,200 SF
Space Use Office
Condition Full Build-Out
Available Now

Former chiropractic office, this space is ideal for any type of medical practice or office use. The lease rent of $5,900 per month includes heat and hydro. This unit is fully handicap accessible and contains a reception area, 8 treatment rooms or offices, 2 additional offices, and a washroom with plumbing for a washer and dryer. The unit is available immediately for your use. There is ample parking as well. Other tenants in this building include a gym and massage therapy.

Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30418378

  • Date on Market: 2023-12-21

  • Last Updated:

  • Address: 170 Wellington St, St Thomas, ON N5R 2S1

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