520-522 Upper Sherman Avenue, Hamilton | Image 1

520-522 Upper Sherman Avenue

Hamilton, Eastmount

  • Commercial

$2,799,000
For Sale

Added 5 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C2 COMMERCIAL

  • Age: No Data

  • Taxes: 18678

  • MLS®#: X10403402

  • Days on Site: 168 Days

  • Added: May 18, 2024 (5 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: RE/MAX Real Estate Centre Inc, Brokerage

Turn key opportunity For Investors & Landlords to Purchase income producing freestanding (Building) Retail Property zoned C2 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 to a single tenant. 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

  • Property Type: Commercial/Retail

  • Area: Hamilton

  • Community: Eastmount

  • Availability Date: IMMEDIATE

  • Assessment Amount: $583,000

  • Assessment Year: 2016

Building

  • Basement: N

  • Elevator: None

  • UFFI: No

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: LTS 701 & 702, PL 608 ; HAMILTON

  • Taxes: $18,678

Land

  • Cross Street: upper sherman & Bruc

  • Municipality District: Hamilton

  • Parcel Number: 170590190

  • Sewer: Sewers

  • Lot Depth: 108.23 Feet

  • Lot Frontage: 70.14 Feet

  • Zoning: C2 COMMERCIAL

Commercial Specific

  • Total Area: 4600

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

Map of 520-522 Upper Sherman Avenue, Hamilton
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
0.97 km
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
1.39 km
JK-8

Blessed Sacrament Catholic Elementary School

Elementary: Catholic
0.72 km
JK-8

Our Lady of Lourdes Catholic Elementary School

Elementary: Catholic
1.40 km
JK-8

Franklin Road Elementary Public School

Elementary: Public
0.84 km
JK-8

George L Armstrong Public School

Elementary: Public
1.21 km
9-12

King William Alter Ed Secondary School

Secondary: Public
2.75 km
9-12

Vincent Massey/James Street

Secondary: Public
0.91 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.22 km
9-12

Nora Henderson Secondary School

Secondary: Public
1.96 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.04 km
9-12

Cathedral High School

Secondary: Catholic
2.15 km
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