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In-PersonVirtual Tour
$ 1,650,000
Est. payment | /mo
6,000 SqFt
$ 1,650,000
Est. payment | /mo
6,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $275
Subdivision Industrial Sector
MLS Listing ID X12037351
Building Age 16-30
Annual Tax Amount $6,450
Tax Year 2024
Property Sub-Type Investment
Property Description
Modern office and industrial property in the heart of Hamilton being offered at 7% CAP RATE. Built in the early 2000's and recently renovated from top to bottom right to studs. Office upstairs is rented to a francophone school and one of the industrial bays is rented to a car detailer. Upgrades include but not limited to: new kitchen top of the line appliances, new bathrooms, fully fenced yard, two new 180,000 BTU wall-hung gas heaters on main level, brand new 3 ton Lennox A/C. Parking lot completely resurfaced. 2 hydro meters, separate metering for smaller bay. 2 ground level lift doors and 2 man doors. Potential for owner occupier.
Location
Province ON
County Hamilton
Community Industrial Sector
Area Hamilton
Zoning M6
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 65.64
Lot Depth 100.2
Others
Security Features No
Listed by BLAIR BLANCHARD STAPLETON LIMITED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "