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$3,300,000
Est. payment /mo
6,398 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,398 sqft
Price per Sqft $515
Subdivision 422 - Ancaster Heights/Mohawk Meadows/Maywood
MLS® Listing ID 40681610
Originating Board Cornerstone - Hamilton-Burlington
Year Built 1994
Lot Size 0.295 Acres
Acres 12850.2
Property Sub-Type Freehold
Property Description
This exceptional turnkey property spans over 10,000 SQFT of versatile space, currently leased to a single tenant generating a base rental income of $160,000/year, plus T.M.I. with annual escalations. Set on a prestigious 196 ft x 296 ft pie-shaped lot adjacent to the renowned Hamilton Golf & Country Club, the property offers unparalleled visibility and appeal. Zoned C3-674 General Commercial, it provides a broad range of potential uses to suit various business needs. Offered at a 5% cap rate, this rare opportunity combines an ideal location, premium tenancy, and zoning flexibility, making it an incredibly attractive and stable investment for the discerning buyer. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 24
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by RE/MAX Escarpment Realty Inc.