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Commercial Property Building In Hamilton For Sale

Hamilton, Ontario, Canada
Asking Price:
$790,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Approx 30 Minutes drive from Toronto QEW highway. Prime Building With Rental Tenant Located in Prime Residential Area In Hamilton. Opportunity to expand the one floor building by constructing additional floors. Huge Upside To Increase Rental Income. A Developer Just Acquired The Plot Across The Street To Possibly Develop The Area further. Current Tenant Occupies entire ground floor. Current Owner acquired the building 35 years ago and wishes to retire. Zoning can possibly be changed to residential (upon city approval) Building should be vacant of tenant September 2020.
Evironmental being completed.

Property Information

Real Estate:

Real Property Included

Location:

Hamilton

Size in square feet:
16376 sqf approx

Business Operation

Expansion Potential:

Prime Development Property

Competition / Market:

Nearby Homes are selling near the 400k range.

Reasons for selling:

Retirement

Other Information

Financing available:

Financing Available For Qualified Buyers

Contact iProRealty

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