Retail Commercial Building for Sale

MLS# H4165915 Price: $549,900

Property Description

INCOME PRODUCER!! Solid 7% cap rate with fantastic upside and potential for immediate financial growth. Highly desirable location that is walking distance to Tim Hortons Field. Includes 2345 sqft of leased commercial space and 1108 sqft of apartment space on the second and third floors. This 1 commercial and 1 apartment mixed use building is the perfect addition to any savvy investors portfolio. The entire building is currently under one lease, however the commercial unit and the residential unit can be rented separately by the new owner creating increased cash flow. In a C2 Zoned - Neighbourhood Commercial there are tons of permitted uses including a dwelling unit, mixed use, retail, offices, medical clinic, financial establishment, personal services, art studio, catering service, craftsperson shop, social services establishment, repair services, veterinary clinic, and RESTAURANT - so you can catch all the pre/post game day traffic. 3 parking spots in the back and easy access to public transit. Don’t pull down the shade on this window of opportunity! Call today!

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What's your Walk Score? 93 Walker's Paradise

What's your Transit Score? 60 Good Transit

Property Details: 745 BARTON Street E (near Sherman Avenue N )
Listing# 65285


Address 745 BARTON Street E
City Hamilton
Cross Streets Sherman Avenue N
District Hamilton Centre (20)
Neighbourhood Gibson / Stipley (200)
Listing Agent Justin Little


Sub Type Retail Price $ 549,900
Lease Rate Per For Sale Location Hamilton
Heating Gas Forced Air Closed Square Footage 3453

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.