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574 Upper James Street Hamilton, Ontario L9C 2Y6

5500 sqft

$3,495,000

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:61499)

Property Details

MLS® Number 40853371
Property Type Office
AmenitiesNearBy Hospital, Public Transit
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
Features Visual Exposure, Elevator, Passenger Elevator
ParkingSpaceTotal 20

Building

BasementType Full
StoriesTotal 2
SizeExterior 5500.0000
SizeInterior 5500 Sqft
Type Offices
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 149 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C5

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/30118765/574-upper-james-street-hamilton

Interested?

Contact us for more information


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Liam Hope
Salesperson


Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
75 King Street South Unit 50
Waterloo, Ontario N2J 1P2

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