ONHamiltonHamilton574 Upper James Street
574 Upper James Street
Interior view
Interior view
24
For Sale124 days on Market

574 Upper James Street

Hamilton, ON, L9C 2Y6

Community:Southam

Asking Price

$3,495,000

Frontage

Lot Depth

Square Foot

5,500 ft.

Lot Area

Zoning

Commercial

574 Upper James Street, Hamilton, L9C 2Y6

Property Description

Original Remarks

Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%.

PROPERTY HISTORY

574 Upper James Street

PROPERTY DETAILS

OccupancyOffice
Possession TypeFor Sale
Heating TypeGas Forced Air Open
WaterMunicipal
SewersSanitary+Storm
Retail Area5,500 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunitySoutham
Hours Open
CategoryOffice
LLBO
Days Open
Business / BuildingCommercial
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes