71 Main St E Home For Sale Hamilton, Ontario L8N 1G2
X5804630
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$1,600,000
Great Investment Opportunity In The Center Of Downtown Hamilton. It Is Located Beside The Busiest Street In The City. Its Convenient Location Is Close To All Amenities. Go Train Centre, Government Office Buildings, Banking Centers, Shopping Centre, Mcmaster University Downtown Campus, Many Colleges And Hospitals Nearby. It Is Surrounded By Many New And Under Construction Condos. It Is In A High Demand Area For Business And Redevelopment. The Downtown Central Business Zoning Provides A Wide Range Of Uses. The 1st And 2nd Floors Of The Building Are Currently Used By The Owner As A Commercial Business. The 3rd And 4th Floors Can Be Self-Use Or Rented As Residential Apartments(With Kitchens And Bathrooms), Law Or Medical Office, Beauty Salon, Arts/Design Studios, Night Club Etc. It Brings Great Cash Flow While It Has A Great Value-Added Potential Redevelopment Opportunity. Don't Miss It!**** EXTRAS **** Seller Is Willing To Lease Back 1st And 2nd Floors For $6000 Per Month, 3rd And 4th Floor Market Rent Is Between $4000-$5000 For Residential, Total Potential Yearly Income $132,000. This Location Is Very Easy To Rent To Students. (id:35167)
Property Details
| MLS® Number | X5804630 |
| Property Type | Business |
| Community Name | Central |
| Amenities Near By | Highway, Public Transit |
Building
| Cooling Type | Partially Air Conditioned |
| Size Interior | 4844 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | 28.16 X 42.16 Ft |
| Size Total Text | 28.16 X 42.16 Ft |
https://www.realtor.ca/real-estate/25000934/71-main-st-e-hamilton-central
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October 24 2022 06:35:30
Toronto Real Estate Board
RE/MAX Imperial Realty Inc.
