This exceptional turnkey property spans over 10,000 SQFT of versatile space, currently leased to a single tenant generating a base rental income of $160,000/year, plus T.M.I. with annual escalations. Set on a prestigious 196 ft x 296 ft pie-shaped lot adjacent to the renowned Hamilton Golf & Country Club, the property offers unparalleled visibility and appeal. Zoned C3-674 General Commercial, it provides a broad range of potential uses to suit various business needs. Offered at a 5% cap rate, this rare opportunity combines an ideal location, premium tenancy, and zoning flexibility, making it an incredibly attractive and stable investment for the discerning buyer. (id:54662)
Business Type | Personal Services |
Business Sub Type | Health Centre |
MLS® Number | X11261910 |
Property Type | Retail |
Neigbourhood | Springvale |
Community Name | Ancaster |
Parking Space Total | 4 |
Age | 31 To 50 Years |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 6,398 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 296 Ft |
Size Frontage | 119 Ft ,5 In |
Size Irregular | 119.45 X 296 Ft |
Size Total Text | 119.45 X 296 Ft |
Zoning Description | C3-674 |
Frank A. Salvatore
Broker
(905) 573-1188
(905) 573-1189
Alexandra Moore
Salesperson
(905) 842-7677
(905) 337-9171