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. |
Price | $850,000 |
Taxes: | $15336.00 |
Tax Type: | Annual |
Assessment Year: | 2025 |
Occupancy: | Vacant |
Address: | 93 John Stre South , Hamilton, L8N 2C2, Hamilton |
Postal Code: | L8N 2C2 |
Province/State: | Hamilton |
Legal Description: | PT LT 73 PL 1431 GEORGE HAMILTON SURVEY |
Directions/Cross Streets: | John St and Jackson St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Multi-Use |
Building Percentage: | T |
Total Area: | 2240.00 |
Total Area Code: | Square Feet |
Retail Area Code: | % |
Sprinklers: | Yes |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Corktown |
Tax: | $15,336 |
Fireplace: | N |