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:47421)
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Detailed Information
Lot
119.42 x 296 ft
Listing Contract Date
2024-11-27
Location Description
Fiddlers Green Rd on Wilson near Cameron
# of Parking Spaces
4
Property Type
Retail
Transaction Type
For sale
Zoning Description
C3-674
Business
Business Type
Personal Services
Business Subtype
Health Centre
Building
Age
31 to 50 years
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Total Size
119.45 x 296 FT
Size of Irregular Land
119.45 x 296 FT
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