170 WELLINGTON St, St. Thomas MLS Number: X8204170

170 Wellington Street is situated on a 0.59 acre parcel improved with a 7,790 square foot, multi-tenant commercial building. Conveniently situated in an area predominated by residential uses, the Property offers access to a deep consumer base while maintaining a short walk to downtown St. Thomas providing access to various retail and commercial amenities. With flexible fourth residential (R4-34) zoning, the Site allows for an assortment of permitted uses. Currently, 5,753 square feet of the premises are leased to several tenants including a fitness centre, massage therapist and day spa. The remaining 2,037 square feet is presently vacant offering an exceptional opportunity for an owner-occupier or an investor looking to create value through a backfilling lease program. The Offering also represents a rare opportunity to make use of an income-producing property with future development potential as the underlying zoning entitlement permits a variety of low to medium density residential build.