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:50947)
MLS® Number | X12405479 |
Property Type | Retail |
Community Name | Corktown |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Exterior | 2240 Sqft |
Size Interior | 2240 Sqft |
Utility Water | Municipal Water |
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
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Roland Hsu
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(647) 849-3180