STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,488,000
Available - For Sale
Listing ID: X13641002
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown HamiltonLocated in the vibrant core of Downtown Hamilton, this exceptional mixed-use investment property offers a rare opportunity to acquire a fully mixed-use commercial building with strong income potential and long-term redevelopment upside. Situated within the Downtown Central Business D1 Zone, the property is just minutes from McMaster University Downtown Campus Surrounded by government offices, financial institutions, hospitals, shopping, Hamilton GO Centre, and numerous new residential developments, this prime location continues to benefit from Hamilton's ongoing downtown revitalization and growing demand for rental accommodations.The ground floor features a prominent street-front commercial unit with excellent exposure, suitable for a wide variety of retail, restaurant, service, or professional office uses. The second floor offers multiple rooms that can accommodate office space, professional services, or value-add opportunities. The third and fourth floors have been extensively renovated and feature multiple private ensuite rooms with shared kitchen and laundry facilities, making them highly attractive to McMaster University students, young professionals, healthcare workers, and downtown employees.The building is separately metered by floor, providing efficient management and flexibility for ownership and leasing. With an estimated building area of approximately 4,816 sq. ft. as per bank appraisal and projected annual gross rental income of approximately $180,000 to $220,000, this property offers exceptional cash flow with significant future appreciation potential.Whether you are an investor seeking stable income, an owner-operator looking for a prime downtown location, or a developer recognizing the long-term value of Hamilton's continued revitalization, this is a unique opportunity not to be missed.
Price $1,488,000
Taxes: $20,468.62
Tax Type: Annual
Occupancy by: Vacant
Address: 71 Main Street East , Hamilton, L8N 1G2, Hamilton
Postal Code: L8N 1G2
Province/State: Hamilton
Directions/Cross Streets: Main St. & John St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Retail
Building Percentage: T
Total Area: 4,844
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MASTER`S TRUST REALTY INC.

71 Main Street East , Hamilton, L8N 1G2, Hamilton

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Huntington
Style:
Lot Size: x 42.16(Feet)
Approximate Age:
Tax: $20,468.62
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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