174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

MLS® # X12441410

Commercial For Sale In Corktown, Hamilton, Ontario

$1,988,000

None Beds

7 Baths

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174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

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174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

$1,988,000

Property Information:

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023. (id:7525)

Building Features:

Style: Retail
Building Type: Residential Commercial Mix
Floor Space: 5079 sqft
Heating Type: Baseboard heaters
Cooling Type: None

Property Features:

Property Type: Retail
Amenities Nearby: Public Transit, Recreation
Floor Space (approx): 5079 Square Feet
Irregular: Yes
Lot Depth: 34.6 Feet
Lot Frontage: 66.1 Feet
Lot Size: 66.13 x 34.62 FT
Zoning: C5

Rating:

Notes:

Sandip Chook, Broker - Toronto, ON

Broker Royal LePage West Realty Group , Brokerage*

Direct 416.233.6276

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Delip Chook, - Toronto, ON

Royal LePage West Realty Group , Brokerage*

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Market Price Trends

Location of 174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

Lifestyle
Neighbourhood

Demographic Information of 174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent

174 JOHN STREET S, Hamilton, Ontario, L8N 2C6 $1,988,000 MLS® # X12441410