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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
Storefront Retail/Residential
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
86 FT on Augusta St

Amenities

  • Air Conditioning
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Canada Trust
Tim Hortons
YMCA
Starbucks
Meridian
Royal Bank of Canada
CIBC Wood Gundy
New York Fries
National Westminster Bank Plc
Scotiabank
  • Listing ID: 32039498

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 174 John St S, Hamilton, ON L8N 2C6

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