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:60365)
| MLS® Number | X12405479 |
| Property Type | Retail |
| Community Name | Corktown |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 2240 Sqft |
| SizeInterior | 2240 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 71 Ft ,10 In |
| SizeFrontage | 16 Ft ,6 In |
| SizeIrregular | Bldg=16.57 X 71.91 Ft ; Rectangle |
| SizeTotalText | Bldg=16.57 X 71.91 Ft ; Rectangle |
| ZoningDescription | D1 - Downtown Central Business District |
https://www.realtor.ca/real-estate/28867041/93-john-street-s-hamilton-corktown-corktown
Roland Hsu
Salesperson