574 UPPER JAMES Street, Hamilton, Ontario L9C2Y6

Listing courtesy of Chestnut Park Realty Southwestern Ontario Ltd., Brokerage.

$3,495,000
5,500
SqFt

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List Price
$3,495,000
MLS®
40853371
Days on Market
35
Status
ACTIVE
Type
Commercial
Subtype
Office
Living Area
5,500
Subdivision
150 - Mountview

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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
150 - Mountview
Parking Spaces
20
Country
Canada
Sewer
Municipal sewage system
Community Features
High Traffic Area
Lot Features
Visual exposure, Elevator, Passenger elevator
Stories
2

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Calculator source: Real Geeks