Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods. (id:47423)
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Detailed Information
Lot
17 x 124 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2024-09-16
Location Description
North of Cannon St E on the West side of Ottawa St N
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning Description
C5a
Building
Basement Type
Partial
Stories Total
2
Size (Exterior)
3820
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Public Transit
Sewer
Municipal sewage system
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