Rare opportunity to own a lucrative automotive service garage with a long-term absolute net lease in place. Boasting an attractive cap rate and a corporate guarantee from an established automotive service tenant, this property provides a secure and profitable investment. Located in a high-traffic area surrounded by homes and businesses, this is an excellent opportunity for savvy investors looking to expand their portfolio.
PT LT 6 7 LT 7, PL 134, (FREED SURVEY), AS IN VM9008 ; HAMILTON
Occupancy
Tenant
Possession Date
Immediate
Taxes (2023)
$13,236.71
Tax Type
Annual
Assessment (2024)
$409,000
Directions/Cross Streets
Main St E / Wentworth St S
Neighbourhood
Landsdale
Area
Hamilton
Price History
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Detailed Information
Freestanding
Y
Lot Irregularities
0.18 Acres
Industrial Area
90 percent
Office/Apt Area
10 percent
Total Area
4,067 ft2
Elevator
None
Air Conditioning
N
Basement
N
Garage Type
Outside/Surface
Parking Spaces
4
Heat Type
Gas Forced Air Open
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Clear Height
17 feet
Drive-In Level Shipping Doors
2
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
TOC1
Seller Property Info Statement
N
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