574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6

$3,495,000

MLS® # 40811507

Commercial For Sale In Southam, Hamilton, Ontario

$3,495,000

Property Information:

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%. (id:27)

Building Features:

  • Style: Office
  • Building Type: Offices
  • Basement Type: Full
  • Floor Space: 5500 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Highway access
  • Amenities Nearby: Hospital, Public Transit
  • Communication Type: High Speed Internet
  • Community Features: High Traffic Area
  • Features: Visual exposure, Elevator, Passenger elevator
  • Floor Space (approx): 5500 Square Feet
  • Lot Depth: 149 Feet
  • Lot Frontage: 50 Feet
  • Utility Type: Telephone - Available, Hydro - Available
  • Zoning: C5
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 13

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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