520-522 Upper Sherman Avenue, Hamilton | Image 1

520-522 Upper Sherman Avenue

Hamilton, Eastmount

  • Commercial

$2,799,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C2 COMMERCIAL

  • Age: No Data

  • Taxes: 18678

  • MLS®#: X8353316

  • Days on Site: 96 Days

  • Added: May 19, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

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.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Hamilton

  • Community: Eastmount

  • Availability Date: Immediate

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2023

  • Tax Legal Description: Lts 701 & 702, Pl 608; Hamilton

  • Taxes: $18,678

  • Taxes Type: Annual

Land

  • Cross Street: upper sherman & Bruc

  • Municipality District: Hamilton

  • Parcel Number: 170590190

  • Sewer: San+Storm

  • Lot Depth: 108.23 Feet

  • Lot Frontage: 70.14 Feet

  • Zoning: C2 COMMERCIAL

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4600

  • Total Area Metric: Sq Ft

  • Days Open: 6

  • Lot Code: Lot

  • Business/Building Name: Pt Health Physiotherapy

Map of 520-522 Upper Sherman Avenue, Hamilton
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