Behzad Rahdari, P. Eng.
Broker
Re/Max Hallmark Realty Ltd., Brokerage
Independently owned and operated.
9555 Yonge St , Richmond Hill, Ontario L4C 9M5
Cell: 416-301-7556Office: 905-883-4922
$1,789,999
Available - For Sale
Listing ID: X12393008
189 Hughson Stre South , Hamilton, L8N 2B6, Hamilton
| 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. |
| Price | $1,789,999 |
| Taxes: | $23324.93 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 189 Hughson Stre South , Hamilton, L8N 2B6, Hamilton |
| Postal Code: | L8N 2B6 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | James St S/Charlton Ave E |
| 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: | F |
| Total Area: | 3905.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Royal Lepage Real Estate Associates |
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Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Corktown |
| Tax: | $23,324.93 |
| Fireplace: | N |
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