Property Information:
Excellent opportunity to own a free-standing commercial/residential property in a prime corner location within a mature residential neighbourhood. This property is primarily valued for the real estate itself, with the existing convenience store business included as an added bonus and future upside opportunity. The property offers approximately 2,000 sq ft and features multiple potential income streams, including a main floor retail space with attached 1-bedroom unit, a spacious second-floor 3-bedroom apartment with private entry and the estimated rental potential of approximately $2,400/month, plus a basement with 1 bedroom and 1 bathroom. Property also benefits from a city-issued legal separate entrance, adding flexibility and excellent long-term value with potential for additional permitted uses subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has built a loyal neighbourhood customer base. This creates a strong opportunity for a hands-on buyer to revitalize the business and unlock additional income potential. Existing business and clientele are included in the sale, but the true value lies in the free-standing mixed-use property itself. Ideal for owner-operators, investors, or buyers seeking a versatile property with residential income and future commercial upside. Rare opportunity to acquire a free-standing building with substantial potential in an established Hamilton neighbourhood. (id:27)
Building Features:
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Style:
Retail
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Air Conditioning:
Yes
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Floor Space:
2000 sqft
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Fully air conditioned
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Appliances:
Dryer, Hood Fan, Washer
