574 Upper James Street, Hamilton, Ontario

$3,495,000

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5,500

Square feet

About 574 Upper James Street

Rare opportunity to own this remarkable investment opportunity in an ultra-convenient Hamilton Mountain location with tremendous street presence and visibility. Easy access to hospitals, downtown, and the LINC. This standalone medical building comes with 13 parking spaces as well as 7 additional city parking passes and is fully tenanted. With an Annual Net Operating Income of $208,450 this property offers a Capitalization rate of 6.1% at asking. Whether you are an investor, or a medical professional looking to owner-occupy, this turnkey opportunity presents a lucrative income-generating opportunity in a superb location with plenty of upside. (id:36535)

Features of 574 Upper James Street

Listing # 40853371
Price $3,495,000
Bathrooms 0.00
Square Footage 5,500
Acres 0.00
Type Office
Sub-Type Freehold

Community Information

Address 574 Upper James Street
Subdivision 150 - Mountview
City Hamilton
Province Ontario
Postal Code L9C2Y6

Amenities

Amenities Hospital, Public Transit
Utilities Electricity, Telephone
Features Visual exposure, Elevator, Passenger elevator
Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full

Listing Details

OfficeCourtesy Of Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

Listing Map