574 Upper James ST, Hamilton, ON L9C 2Y6
574 Upper James ST, Hamilton, ON L9C 2Y6
574 Upper James ST, Hamilton, ON L9C 2Y6
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$3,495,000
Est. payment /mo
5,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $635

MLS Listing ID 40853371

Abv Grd Liv Area 5,500

Annual Tax Amount $27,000

Property Sub-Type Building and Land

Source Cornerstone

Lot Depth 148.87

Lot Front 50.0

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.

Location

Province ON

County Hamilton

Area 15 - Hamilton Mountain

Zoning C5

Direction Claremont Access to Upper James

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Guest

Utilities Available Electricity Connected, Phone Connected

Lot Frontage 50.0

Lot Depth 148.87

Garage No

Building

Lot Description High Traffic Area, Highway Access, Hospital, Public Transit, Visual Exposure

Faces Claremont Access to Upper James

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 170740149

Ownership Freehold/None

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Listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

Nearby School & Business

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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