574 Upper James Street Hamilton, Ontario L9C 2Y6

5,500 sqft

$3,495,000

Rare opportunity to own this remarkable investment opportunity in an ultra-convenient Hamilton Mountain location with tremendous street presence and visibility. Easy access to hospitals, downtown, and the LINC. This standalone medical building comes with 13 parking spaces as well as 7 additional city parking passes and is fully tenanted. With an Annual Net Operating Income of $208,450 this property offers a Capitalization rate of 6.1% at asking. Whether you are an investor, or a medical professional looking to owner-occupy, this turnkey opportunity presents a lucrative income-generating opportunity in a superb location with plenty of upside. (id:63008)

Property Details

MLS® Number 40853371
Property Type Office
Amenities Near By Hospital, Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure, Elevator, Passenger Elevator
Parking Space Total 20

Building

Basement Type Full
Stories Total 2
Size Exterior 5500.0000
Size Interior 5,500 Sqft
Type Offices
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 149 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description C5

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/30118765/574-upper-james-street-hamilton

Liam Hope
Salesperson

(647) 861-2940
(519) 885-1251

Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
75 King Street South Unit 50
Waterloo, Ontario N2J 1P2

(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com/
www.facebook.com/ChestnutParkWest
www.instagram.com/chestnutprkwest/

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