Fully Renovated Mixed-Use Investment Opportunity With Lots of Room to Add Value and Income
Property Overview:
Unique investment opportunity with immediate cash flow and significant upside. Situated in a prime Hamilton location, this mixed-use building has been extensively renovated and completely updated throughout (permits in place). Recent appraisal confirms its market value and highlights the property’s strong potential.
- City of Hamilton Zoning: C2
Key Features:
Full List of Improvements available including renovation list, permits and drawings.
- Every inch of this building has been thoughtfully renovated with attention to detail. The property boasts updated electrical, plumbing, roofing, and modernized interior finishes, ensuring minimal maintenance costs in the near term.
Ground Floor: A well-established, fully-tenanted bar, providing reliable income. This business has been operating successfully, providing a steady cash flow stream for the new owner.
Upper Residential Units (4br and 1br): Two vacant, beautifully renovated residential units ready for immediate occupancy. These units offer modern finishes and appeal to a wide range of potential tenants, from young professionals to families.
Basement: A spacious, unfinished basement with tall ceilings that offers various possibilities for further development, additional retail rental income, or storage use.
- Certificate of Zoning Verification - (was originally obtained for a proposed additional of a cannabis retail store in the basement)
Recent Appraisal Available: The property has been recently appraised December 2024.