$2,499,900

1091-1099 Main Street E

Hamilton ON, L8M 1N5

Description

Unique Delta Block building abutting Main St E & King St E, directly across from Gage Park. Built in 1917, Hamiltons historic flatiron building is occupied by a AAA National Tenant on a strong triple net lease adding to the ease of management. This opportunity is located in one of Hamiltons most sought after locations with fantastic walkability and public transit at its doorstep. The building generates an annual NOI of $131,500 amounting to a 5.26% cap rate at offering. Prime opportunity to own a turnkey investment in this highly sought after location.

Details

MLS#30810305
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site92

Features

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Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8M 1N5
Area20 - Hamilton Centre
Listing VS Median (in L8M 1N5)
Price:
$2,499,900
low | high
Med:
$2,499,900
50% of Average
On Site:
92
low | high
Med:
92
100% of Average
Listing Updated: 10/30/2020
Leonardo Quattrociocchi LogoMLS Number: 30810305
Listing Provided By:
Leonardo Quattrociocchi  of  Right At Home Realty Inc. Brokerage
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