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$579,000
Available - For Sale
Listing ID: X12030701
NOW MAIN RETAIL FLOOR IS VACANT & EASY TO SHOW WITH FLEXIBLE CLOSINGS AVAILABLE. MOTIVATED SELLER, PERFECT OPPORTUNITY TO OWN YOUR OWN BUSINESS & YOUR REAL ESTATE! Amazing Opportunity for Investors or Entrepreneurs looking for a turnkey COMPLETELY RENOVATED, 2600 SF Building with SEPARATE MUTLI UNIT LAYOUT with MIXED USE COMMERCIAL/RETAIL/MULTI OFFICE FLEX SPACE & RESIDENTIAL Unit FRONTING right on Prominent MAIN ST E with Excellent Visibility & Accessibility in Downtown Hamilton. Possibilities are Endless! Operate Your Business, Rent Out Lower Level Apt, Multiple Main Floor Office Spaces Could be Rented to generate Income or Investors Multi Space Rental Options will Produce Great Positive Cashflows & Strong Cap Rate. MAIN FLOOR: Feats Main Retail Space, 4 Private Office/Rms w/ Own Vanities/Sinks, 2 Bathrooms, Main Flr Common Area Bath & Another Private Commercial/Office Room w/ Own Bath & All Just Recently Constructed with Modern Finishes. LOWER LVL: Feats Own Separate Entrance ALSO FRONTING on Main St E, Currently a Large 1 Bedroom Open Concept Space Apartment w/ Kitchen, 3 Pc Bath, Living, Dining & Bedroom Could be Easily Rented or Converted into More Commercial/Office Space. Truly Turnkey with Various Options. ZONING: Zoned C2 allows various uses such as Beauty/Hair/Nail/Tanning Salons, Spa, Esthetic Services, Medical Clinic, Financial Office, Restaurant, Retail, Office Space, Health & Personal Services, Mixed Uses & More. Potential to Rezone & Add 2nd Lvl onto Building Creating More Space & Potential for Additional Offices/Residential Apartments & All in Vibrant Downtown Core. Steps to Future LRT, New GO Stn, Major Top Hospitals, Tim Hortons Field, Gage Park, Public Transit, Top Restaurants & Shops & Various Large Scale Redevelopment Investments in Residential & Commercial Projects happening in the city, all at your doorstep. Why Rent when You Can Own & Grow Your Business & Investment in One of Canada's Fastest Growing cities.
Price $579,000
Taxes: $4,776
Tax Type: Annual
Occupancy by: Partial
Address: 728 MAIN Stre East , Hamilton, L8M 1K9, Hamilton
Postal Code: L8M 1K9
Province/State: Hamilton
Legal Description: LT 18, REGISTRAR'S COMPILED PLAN 1487 ;
Directions/Cross Streets: Main St E/Sherman Ave S
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 2,602
Total Area Code:  Square Feet
Office/Appartment Area: 1301
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Crane: F
Clear Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SAM MCDADI REAL ESTATE INC.

728 MAIN Stre East , Hamilton, L8M 1K9, Hamilton


 
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: St. Clair
Style:
Lot Size: x 100.20(Feet)
Approximate Age:
Tax: $4,776
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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