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$ 3,495,000
Est. payment /mo
Active
574 UPPER JAMES Street Hamilton, ON L9C2Y6
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5500
Square Footage 5,500 sqft
Price per Sqft $635
Subdivision 150 - Mountview
MLS® Listing ID 40853371
Property Sub-Type Freehold
Property Description
Rare opportunity to own this remarkable investment opportunity in an ultra-convenient Hamilton Mountain location with tremendous street presence and visibility. Easy access to hospitals, downtown, and the LINC. This standalone medical building comes with 13 parking spaces as well as 7 additional city parking passes and is fully tenanted. With an Annual Net Operating Income of $208,450 this property offers a Capitalization rate of 6.1% at asking. Whether you are an investor, or a medical professional looking to owner-occupy, this turnkey opportunity presents a lucrative income-generating opportunity in a superb location with plenty of upside. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Total Parking Spaces 20
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
NEARBY SCHOOLS & PROPERTIES