574 UPPER JAMES Street, Hamilton, Ontario, L9C2Y6
MLS: 40811507 | Office
$3,495,000
Property Description
Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%. (id:64974)
Quick Facts
- Property Type: Office
- Bedrooms: None
- Bathrooms: None
- Living Area: 5,500 sq ft (511.0 m²)
- Ownership: Freehold
- Parking: 13 spaces
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $27,000.00
Listing Provided by: The Agency
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Full
- Utilities: Electricity, Telephone
Exterior & Construction
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Features: Visual exposure, Elevator, Passenger elevator
- Zoning: C5
Community & Neighbourhood
- Community: High Traffic Area
- Subdivision: 150 - Mountview
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 574 UPPER JAMES Street, Hamilton, Ontario, L9C2Y6
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