2,240 ft2
Fully Air Conditioned
Other
$850,000
Prime investment opportunity in the heart of downtown Hamilton. This fully renovated mixed-use property features a street-level storefront with excellent visibility, plus two additional floors and a functional basement.Offering a cap rate of 6.2% at asking, this property provides strong potential for steady passive income. With nearly 3,000 sq. ft. of commercial space, the main floor impresses with soaring 11-foot ceilings and modern pot lighting throughout.The building is well-equipped with two furnaces (one installed in 2020), two A/C units, 400-amp service, and two separate panels. Its unbeatable location, just steps from the Hamilton GO Station, ensures convenience and accessibility for both tenants and customers. (id:50976)
Property Details
|
MLS® Number
|
X12405479 |
|
Property Type
|
Retail |
|
Community Name
|
Corktown |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Exterior
|
2240 Sqft |
|
Size Interior
|
2,240 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
71 Ft ,10 In |
|
Size Frontage
|
16 Ft ,6 In |
|
Size Irregular
|
Bldg=16.57 X 71.91 Ft ; Rectangle |
|
Size Total Text
|
Bldg=16.57 X 71.91 Ft ; Rectangle |
|
Zoning Description
|
D1 - Downtown Central Business District |
https://www.realtor.ca/real-estate/28867041/93-john-street-s-hamilton-corktown-corktown
