Featured Imagery

Exceptional Property

581-583 Talbot Street, St. Thomas

$699,900

null Bedrooms

null Bathrooms

9350 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Retail

Style

Other

Year Built

N/A

Square Footage

9350 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Historic Downtown St. Thomas Multi-Use Building Over 9,000 Sq Ft! Currently configured as an office space, this versatile three-story building offers a prime downtown location with excellent redevelopment potential. The main floor features large glass storefront windows, a reception area, a customer lounge, five offices, a boardroom, two bathrooms...

MLS Number

X12332200

Listed By

SUTTON GROUP - SELECT REALTY

Last Updated

Aug 13, 2025, 4:02 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Retail

Architectural Style

Other

Square Footage

9350

Climate Control & Utilities

Heating System

Forced air, Natural gas

Air Conditioning

Fully air conditioned

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# X12332200

List Date

Aug 8, 2025, 12:53 p.m.

List Price

$699,900

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.