$2,799,000
Available - For Sale
Listing ID: X8353316
520-522 Upper Sherman Ave , Hamilton, L8V 3L8, Ontario
| Turn key opportunity For Investors & Landlords to Purchase a Plaza with AAA tenants, income producing Property located in Hamilton. Current Tenant is PT Healthcare Solutions, AAA tenant, physiotherapist Clinic situated in a prime area of Hamilton. The property is fully leased. Property has 10 parking Spots, 5 spots in front & 5 parking spots at the back of the building. Tenant pays all the expenses which includes utility, hydro, taxes & insurance etc for the the period of 5 years ending in 2028 and Tenant has 3 additional renewal option and lease can be extended for another term of 5 years each after the expiry of lease term in 2028. Condition of the Building is AAA. Do not miss the opportunity. Once It's Gone Cannot Be Replicated. Property is close to Mountain Medical Centre, Juravinski Hospital, St Peter's Hospital, St Joseph Healthcare Hospital. |
| Mortgage: Treat as Clear |
| Price | $2,799,000 |
| Taxes: | $18678.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 520-522 Upper Sherman Ave , Hamilton, L8V 3L8, Ontario |
| Postal Code: | L8V 3L8 |
| Province/State: | Ontario |
| Legal Description: | Lts 701 & 702, Pl 608; Hamilton |
| Lot Size: | 70.14 x 108.23 (Feet) |
| Directions/Cross Streets: | upper sherman & Brucedale Ave E |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 4600.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 0 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Pt Health Physiotherapy |
| Days Open: | 6 |
| Sprinklers: | N |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
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|
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Eastmount |
| Lot Size: | 70.14 x 108.23(Feet) |
| Tax: | $18,678 |
| Baths: | 3 |
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