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$777,000
Est. payment /mo
3,616 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,616 sqft
Price per Sqft $214
Subdivision Stipley
MLS Listing ID X8329412
Building Age 100+
Annual Tax Amount $7,302
Tax Year 2024
Property Sub-Type Store W Apt/Office
Lot Depth 120.0
Property Description
INCOME POTENTIAL WITH HIGH TRAFFIC VISIBILITY! This mixed-use building presents a superb investment opportunity in a high-demand location, just steps away from Tim Hortons Field and close to a McDonald's, drawing significant foot traffic. While the ground floor's 2,345 sqft commercial space is currently vacant and previously generated $4,000 monthly, it holds great promise for attracting a high-revenue tenant. The residential unit above spans 1,108 sqft and is consistently leased for $2,000 monthly, contributing steady income. Ideal for investors looking to separate and maximize leasing options, this property is situated in a C2 Zoned - Neighbourhood Commercial area, allowing for a wide range of uses including retail, offices, and restaurantsperfect for capitalizing on both everyday customers and game day crowds. Complete with three parking spaces and easy access to public transit, this property is primed for both commercial and residential tenants seeking convenience and exposure.
Location
Province ON
County Hamilton
Community Stipley
Area Hamilton
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Depth 120.0
Others
Security Features No
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Listed by HOMELIFE/BAYVIEW REALTY INC.