122 Burton ST Active

Hamilton,ON L8L 3R5

$ 1650000

- Bed

- Bath

6000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $275

Subdivision Industrial Sector

MLS Listing ID X12037351

Building Age 16-30

Annual Tax Amount $6,450

Tax Year 2024

Property Sub-Type Investment

Property Description

Modern office and industrial property in the heart of Hamilton being offered at 7% CAP RATE. Built in the early 2000's and recently renovated from top to bottom right to studs. Office upstairs is rented to a francophone school and one of the industrial bays is rented to a car detailer. Upgrades include but not limited to: new kitchen top of the line appliances, new bathrooms, fully fenced yard, two new 180,000 BTU wall-hung gas heaters on main level, brand new 3 ton Lennox A/C. Parking lot completely resurfaced. 2 hydro meters, separate metering for smaller bay. 2 ground level lift doors and 2 man doors. Potential for owner occupier.

Location

Province ON

County Hamilton

Community Industrial Sector

Area Hamilton

Zoning M6

Interior

Cooling Yes

Exterior

Utilities Available Yes

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