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1831 Main St W
700 SF of Office Space Available in Hamilton, ON L8S 1H1
Highlights
- Proximity to McMaster University
- Well-maintained, updated building
- Multiple permitted business uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C | 700 SF | 1-10 Years | $20.18 USD/SF/YR $1.68 USD/SF/MO $14,129 USD/YR $1,177 USD/MO | Modified Gross |
1st Floor, Ste C
Versatile office and storage rental opportunity located in the Ainslie Wood community. This well-maintained and updated building offers a 700 sq ft office unit along with an additional 700 sq ft of basement storage space. Positioned close to McMaster University and Highway 403, the property is surrounded by a mix of residential and commercial real estate, presenting excellent potential for business growth. The unit, previously used as a bar, will have all bar equipment removed prior to occupancy. Permitted uses include an artist studio, commercial school, craft shop, day nursery, financial establishment, medical clinic, office, personal services, repair services, retail, social services, and veterinary services.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Central Air and Heating
- Located in-line with other retail
- Proximity to McMaster University
- Multiple permitted business uses
- Well-maintained, updated building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1831 Main St W , Hamilton, ON L8S 1H1
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.61/1,000 SF |
| Gross Leasable Area | 9,382 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,382 SF |
| Year Built | 1968 |
| Parking Ratio | 0.61/1,000 SF |
About the Property
Office and retail property in Hamilton, ON.
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Nearby Major Retailers
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1831 Main St W
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