174 John St S
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174 John St S
5,268 SF 100% Leased Retail Building Hamilton, ON L8N 2C6 $1,481,513 USD ($281 USD/SF) 6% Cap Rate
Executive Summary
Well maintain fully stabilized building in rapidly developing area of Hamilton. There are several large development sites within a few hundred minutes walk. the Cat and fiddle pub is very established with a long history in the music scene in Hamilton. Three of the four units are rented and qt full market rent. The fourth is a 2 bed 2 bath and can easily be rented. This is a solid investment with over 6% cap rate! Easy to manage and great future potential. **** EXTRAS **** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,268 SF
Building Class
B
Year Built
1930
Price
$1,481,513 USD
Price Per SF
$281 USD
Cap Rate
6%
NOI
$88,891 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.37
Lot Size
0.05 AC
Zoning
CD - Commercial
Frontage
Amenities
- Air Conditioning
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
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174 John St S
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