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$1,789,999
Available - For Sale
Listing ID: X12393008
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors.
Price $1,789,999
Taxes: $23,324.93
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 189 Hughson Stre South , Hamilton, L8N 2B6, Hamilton
Postal Code: L8N 2B6
Province/State: Hamilton
Directions/Cross Streets: James St S/Charlton Ave E
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Building Percentage: F
Total Area: 3,905
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal Lepage Real Estate Associates

189 Hughson Stre South , Hamilton, L8N 2B6, Hamilton


 
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style:
Lot Size: x 85.01(Acres)
Approximate Age:
Tax: $23,324.93
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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