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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Roland Hsu • eXp Realty

$850,000

Est. payment - /mo

2,240 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $379

MLS Listing ID 40808502

Abv Grd Liv Area 2,240

Annual Tax Amount $15,336

Property Sub-Type Building Only

Source Cornerstone

Property Description

Prime investment opportunity in the heart of downtown Hamilton. This fully renovated mixed-use property features a street-level storefront with excellent visibility, plus two additional floors and a functional basement. Offering a cap rate of 6.2% at asking, this property provides strong potential for steady passive income. With nearly 3,000 sq. ft. of commercial space, the main floor impresses with soaring 11-foot ceilings and modern pot lighting throughout. The building is well-equipped with two furnaces (one installed in 2020), two A/C units, 400-amp service, and two separate panels. Its unbeatable location, just steps from the Hamilton GO Station, ensures convenience and accessibility for both tenants and customers.

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning D1 - Downtown Central Business District

Direction GO SOUTH ON JOHN ST FROM MAIN ST E, BUILDING IS ON THE EAST SIDE, BETWEEN TWO ALLEYWAYS

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 16.57

Lot Depth 71.91

Garage No

Building

Lot Description Other

Faces GO SOUTH ON JOHN ST FROM MAIN ST E, BUILDING IS ON THE EAST SIDE, BETWEEN TWO ALLEYWAYS

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 171700067

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

93 John Street S Hamilton, ON L8N 2C2

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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93 John Street S