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)
| 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 |
| BasementType | Full |
| StoriesTotal | 2 |
| SizeExterior | 5500.0000 |
| SizeInterior | 5500 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
| 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 |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/30118765/574-upper-james-street-hamilton
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Liam Hope
Salesperson
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