$2,750,000 FOR SALE

Office

Lot: 80 x 104.75 ftTotal Area: 13,468 ft2
2023 Taxes: $24,859

700 Main St E
Hamilton, ON L8M 1K7 | Central

Unlock unparalleled investment potential with our prestigious medical building, a haven for medical professionals, savvy investors, and visionary developers alike. For healthcare practitioners, this is your golden opportunity to elevate your practice, leveraging an established medical hub to foster growth, secure valuable asset appreciation, and enjoy additional income through renting to fellow specialists. Investors, seize this chance to tap into a lucrative revenue stream by collecting rent from a diverse mix of medical tenants in a prime location, ensuring a robust and stable income. Moreover, for those with a keen eye for transformation, the unique C2 commercial zoning permits an exciting conversion of the upper floors into residential units, potentially yielding an impressive $450K annually. Situated n a bustling area surrounded by medical clinics, laboratories, and pharmacies, this building is not just an asset but a gateway to endless possibilities.

Extras
Seize this remarkable investment! Prime medical building with growth potential for professionals, steady income for investors, and a $450K/year opportunity through residential conversion. Don't miss out!

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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8099246
Last Updated Mar 18, 2024
Property Summary
Property Type Office

More like this:
Use Medical/Dental
Category Office
Legal Description 700 main E Lots 155 and 156, Plan 411; Part Lot 15
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $24,859
Tax Type Annual
Directions/Cross Streets Main Street East & Eastbourne
Neighbourhood Central
Area Hamilton
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 80 x 104.75 ft
Office/Apt Area 10,219 ft2
Total Area 13,468 ft2
Elevator Public
Air Conditioning Y
Basement Y
Garage Type Outside/Surface
Days Open 7
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement Y
Sprinklers Y
Sewers San Avail
Utilities A
Water Municipal
Lot/Bldg/Unit Code Building
Zoning H-Commercial C2- Neighborhood commercial
Seller Property Info Statement N

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