232 Governors Rd, Hamilton, L9H 3K2

Listing Overview

Description

Colliers Is Pleased To Bring 232 Governors Rd, A Now Fully Stabilized Mixed-Use (Retail & Multi Residential) Building Back To The Market. The Property Presents An Opportunity To Acquire A Stabilized Plaza With Significant Upside In Re-Leasing The Residential Tenants On Turnover (Current Res. Leases Are 42% Below Market). Located On Over An Acre Of Land, This Is A Rare Opportunity To Acquire A Building At A 6% Going-In Cap Rate, With Further Leasing Upside.

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On Market

Investment

Property Type

$73,300 / Year

Est. Taxes

Retail

Style

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Business Type

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Franchise