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Listed by Nowrin Tabassum • Right at Home Realty
$999,000
Est. payment /mo
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $399
MLS Listing ID 40814145
Abv Grd Liv Area 2,500
Annual Tax Amount $13,610
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed,Building and Land
Source Cornerstone
Property Description
Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future.Please do not go direct.
Location
Province ON
County Hamilton
Area 10 - Hamilton West
Zoning H
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 20.59
Lot Depth 123.57
Garage No
Building
Lot Description City Lot, High Traffic Area, Public Transit, Rail Access, Visual Exposure, Other
Story 1
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 171600214
Ownership Freehold/None
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