174 John Street South, Hamilton | Image 1

174 John Street South

Hamilton, Corktown

  • Commercial

$2,100,000
For Sale

Added 1 day ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C5

  • Age: No Data

  • Taxes: 12117.17

  • MLS®#: X11945610

  • Days on Site: 1 Days

  • Added: Jan 29, 2025 (1 day ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE WEST REALTY GROUP LTD.

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations.

Extras

2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Hamilton

  • Community: Corktown

  • Availability Date: FLEX

Inside

  • Bathrooms: 7

  • Air Conditioning: N

  • Washrooms: 7

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 400

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $12,117

  • Taxes Type: Annual

Land

  • Cross Street: John St S / Augusta

  • Municipality District: Hamilton

  • Parcel Number: 171730014

  • Lot Depth: 34.62 Feet

  • Lot Frontage: 66.13 Feet

  • Zoning: C5

Commercial Specific

  • Retail Area: 2064

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 5079

  • Total Area Metric: Sq Ft

  • Office Size: 3015

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Days Open: 7

  • Lot Code: Lot

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Map of 174 John Street South, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
1.03 km
JK-5

Central Junior Public School

Elementary: Public
0.57 km
JK-8

Queensdale School

Elementary: Public
1.17 km
JK-8

Hess Street Junior Public School

Elementary: Public
1.45 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.96 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
0.40 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.79 km
9-12

Turning Point School

Secondary: Public
0.31 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
2.66 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
1.54 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.13 km
9-12

Cathedral High School

Secondary: Catholic
1.13 km
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