Investment Commercial Building for Sale

MLS# H4194408 Price: $1,849,000




Property Description

Exceptional, Locke Street mixed use property. Above average condition with ongoing updates. Main floor commercial unit includes main lvl, rear ground lvl, and basement. Its lease is 2nd five-year term; 2 further five-year options end 2035. Front and side patio uses by commercial tenant are municipally approved. Tenant is successful, multi-location operation. Kitchen in above average condition. Main seating area includes marvelous glassed in space. Exterior finishes offer great curb appeal and marvelously glassed deck area. Upper 2 floor unit has potential as 2 units. Viewings w/24 hours notice for residential and between 11 am and 8 pm for commercial space preferred; listing REALTOR® to attend. Owned water heaters, HVAC serves main floor and electric heat for upper floors. 600-volt, 200 amp service has 2 step down transformers and four separate services. One gas service.

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Property Details: 225 LOCKE Street S (near Alexander )
Listing# 79622


Location

Address 225 LOCKE Street S
City Hamilton
Cross Streets Alexander
District Hamilton West (12)
Neighbourhood Kirkendall (121)
Listing Agent Cameron Nolan

Description

Sub Type Investment Price $ 1,849,000
Lease Rate Per For Sale LotSize 36.57 ft x 100.49 ft x 36.58 ft x 100.44 ft
Location Hamilton Heating Baseboard
Gas Forced Air Open
Square Footage 3998

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.