Retail Commercial Building for Sale

MLS# H4100086 Price: $779,000



Fabulous Investment Opportunity! The property is comprised of a 2300 sq. ft. one floor Mixed Use property with full basement on a 34 ft. x 100 ft. property. The building is comprised of 2 x storefronts and 2 x one-bedroom apartments. Each unit has its own hydro meter. The building is heated with a common boiler and has been well maintained and enjoyed many updates throughout the years. The property is fully rented with a Net Operating Income of $53,400. Surrounded by family friendly neighborhood. Convenient access to Public transit, Redhill Expressway and QEW Niagara and Toronto. Municipal parking lot at the end of the block has always been convenient for the successful retail businesses that have occupied these spaces. Terrific Investment opportunities. Note: The property can be purchased together with 1465 Main Street. These adjacent properties have their own titles. A solid investment opportunity. RSA

What's your Walk Score? 65 Somewhat Walkable

What's your Transit Score? 59 Good Transit

Property Details: 1463 Main Street E (near Garside Avenue North )
Listing# 2858


Location

Address 1463 Main Street E
City Hamilton
Cross Streets Garside Avenue North
District Hamilton East (23)
Neighbourhood Homeside (231)
Listing Agent Elizabeth Parker

Description

Sub Type Retail Price $ 779,000
Lease Rate Per For Sale Location Hamilton
Heating Radiant Square Footage 2364

Listing Agent

Elizabeth Parker - Sales Representative

Elizabeth Parker
Sales Representative

Westdale Office

Quick Contact


Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.