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Hamilton, ON L8N 2C6
Price
$1
Building Size
5,079 sq ft
MLS# X12991108 | Listed by ROYAL LEPAGE WEST REALTY GROUP LTD.
Business Details
Property Use
Store With Apt/Office
Hours / Days
Open 7 Days
Commercial Space & Financials
Retail Area
2,064 sq ft
Office / Apt Area
3,015 sq ft
Taxes (Annual)
$12,117.17
Industrial Specifications
Lot Size
66.13' × 34.62'
Structure
Freestanding
Property Description
Rare opportunity to own a prime mixed-use property in the heart of Hamilton, ideally situated at the corner of John St S and Augusta St, just a 2-minute walk to the GO Station, schools, commercial towers, and a thriving residential community. This newly refurbished four-storey offers a total of 4,582 sq. ft. It includes four residential units and one commercial unit. The residential suites are spacious and full of character, including one impressive two-storey loft. The commercial unit features a fully operational kitchen, bar, and a fully licensed patio, making it ideal for continued hospitality use or a variety of business concepts. With a gross income of $175,000, a net operating income (NOI) exceeding $140,000, and annual operating expenses under $30,000, this property presents an exceptional investment opportunity. The building is fully occupied and operates independently, offering a highly passive income stream that can also be easily managed in-house if desired. Flexible ownership options allow you to purchase with the business or simply as a landlord, as one of the sellers is willing to continue operations. Don't miss this rare, turnkey investment in one of Hamilton's most sought-after locations.
Price & Status History
Price history is locked
Location
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174 John Street S, Hamilton L8N 2C6
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Listing Courtesy of: ROYAL LEPAGE WEST REALTY GROUP LTD.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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