Mixed-Use Investment Property for Sale in Hamilton, ON

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Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

Mixed-Use Investment Property for Sale in Hamilton, ON

For Sale $ 1,150,000
LOCATION: Hamilton Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Apartment Buildings for Sale | Commercial Buildings for Sale or Lease | Commercial Spaces for Sale or Lease | Industrial Buildings for Sale or Lease | Industrial Units for Sale or Rent | Mixed Use Buildings for Sale or Rent
LISTING TYPE: Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Mixed Use Buildings for Sale

A prime investment in the heart of Hamilton.
8%+ CAP Rate at Market Rent
This unique mixed-use property offers four self-contained residential apartments plus a versatile main-floor commercial unit, providing strong income potential with room to grow.
The four apartments, each with a kitchen and three-piece bath, are occupied by long-term tenants paying below-market rents - an excellent opportunity for future value appreciation.
The main-floor commercial space offers approximately 900 sqft of bright, open space, while the freshly renovated basement adds potential for additional revenue.
Originally built circa 1890, the property underwent a comprehensive renovation in 2018, including updated apartments and the removal of knob-and-tube wiring.
Features include two 100-amp hydro services and a forced-air gas furnace (assumable contract).
Ideally located just off James Street North, this property is steps away from the vibrant Art Crawl, trendy shops and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs.
Vendor Take-Back (VTB) financing is available, offering added flexibility for buyer.
Don't miss this opportunity to own a well-maintained, income-generating property in one of Hamilton's most exciting neighbourhoods!

Peter Dyakowski President & Managing Director Hillcrest Properties

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Peter Dyakowski

President & Managing Director Hillcrest Properties

listed by: Peter Dyakowski Send me more info