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:4555)
PROPERTY SPECS
Price $850,000
City Hamilton, Ontario
Address 93 JOHN Street
Listing ID 40769683
Square Footage 2240
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeOtherOwnershipFreeholdBasementFullSewerMunicipal sewage system