189 HUGHSON STREET S, Hamilton (Corktown), Ontario, CA

Address: 189 HUGHSON STREET S, Hamilton (Corktown), Ontario

0 Beds0 Baths3905 sqftStatus: Buy
Price $1,789,999

Property Overview


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. (id:51532)

 

Tags




Property Summary
Property Type
Retail
Square Footage
3905 sqft
Community Name
Corktown
Land Size
50.96 ac
Building
Building Features
Square Footage
3905 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
C5
Features
           Fully air conditioned
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Your Home Finance Calculation

Property Price CA $1,789,999
Bank Loan Amount CA $0
Monthly Installment CA $0

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