189 Hughson Street S Hamilton (Corktown), Ontario L8N 2B6
$1,789,999
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors. (id:49187)
Property Details
| MLS® Number | X12393008 |
| Property Type | Retail |
| Neigbourhood | Corktown |
| Community Name | Corktown |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3905 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Irregular | 50.96 |
| Size Total | 50.96 Ac |
| Size Total Text | 50.96 Ac |
| Zoning Description | C5 |
https://www.realtor.ca/real-estate/28839631/189-hughson-street-s-hamilton-corktown-corktown
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 15 2025 05:14:54
Toronto Real Estate Board
Keller Williams Real Estate Associates, Century 21 Regal Realty Inc.