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$ 850,000
Est. payment | /mo
$ 850,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Corktown
MLS Listing ID X12405479
Annual Tax Amount $15,336
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Hamilton
Community Corktown
Area Hamilton
Zoning D1 - Downtown Central Business District
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available None
Building
Lot Description Building
Lited by EXP REALTY