93 John St S, Hamilton, L8N 2C2

Listing Overview

Description

Don't Miss Out On This Amazing Investment Opportunity Located In The Bustling Heart Of Downtown Hamilton. This Commercial Building Boasts An Impressive Two Floors Of Fully Leased Space, Including A Functional Basement. Generating A Monthly Income Of $5,500, With A Cap Rate Of 4.75% At Asking. This Property Is An Exceptional Opportunity To Earn A Steady Stream Of Passive Income. The Main Floor Is Currently Leased By A Popular Food And Beverage Destination, Making It An Ideal Location For Entrepreneurs In The Hospitality Industry. The Upper Level Offers Two Separate Office Spaces With Their Own Washrooms And Kitchenettes, Providing Tenants With A Comfortable And Functional Work Environment. With Just Under 3,000 Square Feet Of Commercial Space, This Property Is Equipped With Two Furnaces (One Brand New In 2020), Two A/C Units, And 400 Amp Service. The Building Is Strategically Located Just Steps Away From The Hamilton Go Station, Ensuring Easy Access For Both Tenants And Customers.

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On Market

Commercial/Retail

Property Type

$14,885 / Year

Est. Taxes

Multi-Use

Style

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Business Type

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Franchise