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$ 1,299,900
Est. payment | /mo
3,820 SqFt
$ 1,299,900
Est. payment | /mo
3,820 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $340
MLS Listing ID X9352834
Annual Tax Amount $10,248
Tax Year 2024
Property Description
Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods.
Location
Province ON
County Hamilton
Area Crown Point
Interior
Cooling Yes
Exterior
Utilities Available Available
Parking Type None
Others
Security Features No
Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN