174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

MLS® # X12991108

new listing

Commercial For Sale In Corktown, Hamilton, Ontario

$1

None Beds

7 Baths

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174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

174 John Street S, Hamilton, ON

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174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

$1

Property Information:

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, ideally situated at the corner of John St S and Augusta St, just a 2-minute walk to the GO Station, schools, commercial towers, and a thriving residential community. This newly refurbished four-storey offers a total of 4,582 sq. ft. It includes four residential units and one commercial unit. The residential suites are spacious and full of character, including one impressive two-storey loft. The commercial unit features a fully operational kitchen, bar, and a fully licensed patio, making it ideal for continued hospitality use or a variety of business concepts. With a gross income of $175,000, a net operating income (NOI) exceeding $140,000, and annual operating expenses under $30,000, this property presents an exceptional investment opportunity. The building is fully occupied and operates independently, offering a highly passive income stream that can also be easily managed in-house if desired. Flexible ownership options allow you to purchase with the business or simply as a landlord, as one of the sellers is willing to continue operations. Don't miss this rare, turnkey investment in one of Hamilton's most sought-after locations. Contact us today for more details or to schedule a private showing. (id:7525)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Floor Space: 5079 sqft
Heating Type: Baseboard heaters
Cooling Type: None

Property Features:

Property Type: Retail
Amenities Nearby: Public Transit, Recreation
Floor Space (approx): 5079 Square Feet
Irregular: Yes
Lot Depth: 34.6 Feet
Lot Frontage: 66.1 Feet
Lot Size: 66.13 x 34.62 FT
Zoning: C5

Rating:

Notes:

Sandip Chook, Broker - Toronto, ON

Broker Royal LePage West Realty Group , Brokerage*

Direct 416.233.6276

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Delip Chook, - Toronto, ON

Royal LePage West Realty Group , Brokerage*

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Market Price Trends

Location of 174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

Lifestyle
Neighbourhood

Demographic Information of 174 JOHN STREET S, Hamilton, Ontario, L8N 2C6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent

174 JOHN STREET S, Hamilton, Ontario, L8N 2C6 $1 MLS® # X12991108