Broker
RE/MAX ROUGE.
Beyond Your Expectations
Price : $1,789,999.00 MLS® : X12392551 / 189 Hughson Street S, Hamilton, ON L8N 2B6
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors.
James St S/Charlton Ave E
Listing Contracted With: Royal Lepage Real Estate Associates
