Investment Commercial Building for Sale

MLS# H4164645 Price: $1,849,000



Exceptional, Locke Street mixed use property. Above average condition with ongoing updates. Main floor commercial unit includes main lvl, rear ground lvl, and basement. Its lease is 2nd five-year term; 2 further five-year options end 2035. Front and side patio uses by commercial tenant are municipally approved. Tenant is successful, multi-location operation. Kitchen in above average condition. Main seating area includes marvelous glassed in space. Exterior finishes offer great curb appeal and marvelously glassed deck area. Upper 2 floor unit has potential as 2 units. Viewings w/24 hours notice for residential and between 11 am and 8 pm for commercial space preferred; listing REALTOR® to attend. Owned water heaters, HVAC serves main floor and electric heat for upper floors. 600-volt, 200 amp service has 2 step down transformers and four separate services. One gas service.

What's your Walk Score? 96 Walker's Paradise

What's your Transit Score? 71 Excellent Transit

Property Details: 225 LOCKE Street S (near Alexander )
Listing# 17471


Location

Address 225 LOCKE Street S
City Hamilton
Cross Streets Alexander
District Hamilton West (12)
Neighbourhood Kirkendall (121)
Listing Agents Cameron Nolan / Angela Nolan

Description

Sub Type Investment Price $ 1,849,000
Lease Rate Per For Sale LotSize 36.57 ft x 100.49 ft x 36.58 ft x 100.44 ft
Location Hamilton Heating Baseboard
Gas Forced Air Open
Square Footage 3998

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