189 Hughson ST S Pending Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 2B6
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 3,905 sqft
Price per Sqft $458
Subdivision Corktown
MLS Listing ID X12392551
Annual Tax Amount $23,324
Tax Year 2025
Property Sub-Type Investment
Property Description
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors.
Location
State ON
County Hamilton
Community Corktown
Area Hamilton
Zoning C5
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 50.96
Lot Depth 85.01
Others
ParcelsYN No