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. (id:36096)
| MLS® Number | X12405479 |
| Property Type | Retail |
| Neigbourhood | Corktown |
| Community Name | Corktown |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2240 Sqft |
| Size Interior | 2,240 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 71 Ft ,10 In |
| Size Frontage | 16 Ft ,6 In |
| Size Irregular | Bldg=16.57 X 71.91 Ft ; Rectangle |
| Size Total Text | Bldg=16.57 X 71.91 Ft ; Rectangle |
| Zoning Description | D1 - Downtown Central Business District |
https://www.realtor.ca/real-estate/28867041/93-john-street-s-hamilton-corktown-corktown
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