$1,550,000 FOR SALE

Office

Lot: 38 x 110 ft

147-149 Thames Street S
Ingersoll, ON N5C 2T3

A LOFTY IDEA! Rare opportunity to acquire an exceptional, professionally designed, meticulously renovated mixed use property with flexible C-1 zoning & highly visible location in the heart of Ingersoll. Nothing to do, it’s a turn-key venture where your investment will grow without capital outlay. This landmark 1880 building offers an eye-catching façade on all 3 sides, a tribute to its heritage! The attention to style, detail & finishes are evident throughout 6500+/- sq ft, 3 levels & 5 total units. A privately fenced, parking area behind fits up to 4 vehicles. 2 street level commercial units (2200+ sf). Each has its own back door access. Both commercial units are leased to longstanding businesses & offer an upscale street presence. 2 full height, dry, walkout basements provide further storage & rental potential. The 2 loft-style 2nd floor apartments show exceptionally & share a thoughtfully planned laundry area. The stunning 2 storey Loft-Penthouse is incomparable! Chic & contemporary. 3 bedrooms, 2.5 baths, gourmet kitchen, soaring tin clad ceilings…Architectural Digest calibre here! A+ tenants. The building generates good income with potential to increase revenue. Separate utilities in each unit. Savvy investors will appreciate what differentiates this property: prime location, diversified income streams, the integrity of the structure, the top to bottom restoration & income potential.3 storey emergency exit & newer covered concrete patio out the back. Street & public parking lots nearby. Ingersoll is a progressive community with a steadily growing residential sector & solid economy supported by manufacturing, industry & Oxford’s agricultural sector. It’s ideally located on 401, minutes from Woodstock & the crossroads of 401/403. A quick drive to London,Brantford,KW,Cambridge. Seize your opportunity for a smart, strategic investment today! (id:47423)

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Listed By Royal Lepage Triland Realty Brokerage
Data Provided By Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
MLS® Listing Number 40516077
Last Updated Apr 10, 2024
Property Summary
Property Type Office

More like this:
Subdivision Ingersoll - South
Price History
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Detailed Information
Lot 38 x 110 ft
Amenities Nearby Airport, Hospital, Schools
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual exposure, Paved driveway
Listing Contract Date 2023-11-27
Location Description From 401 exit Harris Street North to Ingersoll. Follow to Canterbury Street. Turn north onto Thames St S and the destination will be on the east side of Thames Street South.
Ownership Type Freehold
# of Parking Spaces 4
Property Type Office
Transaction Type For sale
Zoning Description C-1
Building
Basement Type Full
Constructed Date 1880
Exterior Finish Brick, Stucco
Foundation Type Poured Concrete
Stories Total 3
Size (Exterior) 6492
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
Land
Total Size under 1/2 acre
Access Type Highway access, Rail access
Amenities Airport, Hospital, Schools
Sewer Municipal sewage system

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