51-53 Augusta St - Storefront Retail/Office FOR SALE


Hamilton, ON L8N 1P8
$998,000 CAD
905-689-3799
51-53 Augusta St, Hamilton, ON for Sale
$998,000 CAD
Storefront Retail/Office - FOR SALE
1/8
null | 5.38% Cap Rate

51-53 Augusta St
Hamilton, ON L8N 1P8


HIGHLIGHTS

  • Strong street frontage.
  • High traffic count aera.
  • Investors Dream!

OVERVIEW

This is a rare opportunity to own a beautiful multi-use building on the desirable and trendy Augusta Street in Hamilton. This building has been lovingly maintained by the same owner since 1978 and the pride of ownership is evident. The main floor is currently being used as a high-end salon but could have a multitude of uses as this property has C5 zoning. Upstairs features two newly renovated apartment units -perfect for generating steady rental income. Vacant possession of the building will be provided.

FOR SALE DETAILS

PRICE

$998,000 CAD

PRICE/SF

$251 CAD /SF

CAP RATE

5.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1855

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C5

APN/PARCEL ID

251802014357530,251802014357560

ASK ABOUT THIS PROPERTY

Paul RousselRe/Max Escarpment Woolcott Realty IncMore Info
905-689-3799

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Paul RousselRe/Max Escarpment Woolcott Realty IncMore Info
905-689-3799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.