700 Main Street East, Hamilton | Image 1

700 Main Street East

Hamilton, Central

  • Commercial

$2,750,000
For Sale

Added 1 month ago

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  • Type: Office

  • Property Type: Commercial

  • Business Type: Medical/Dental

  • Zoning: H-Commercial C2-

  • Age: No Data

  • Taxes: 24859

  • MLS®#: X8099246

  • Days on Site: 38 Days

  • Added: Feb 28, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Unlock unparalleled investment potential with our prestigious medical building, a haven for medical professionals, savvy investors, and visionary developers alike. For healthcare practitioners, this is your golden opportunity to elevate your practice, leveraging an established medical hub to foster growth, secure valuable asset appreciation, and enjoy additional income through renting to fellow specialists. Investors, seize this chance to tap into a lucrative revenue stream by collecting rent from a diverse mix of medical tenants in a prime location, ensuring a robust and stable income. Moreover, for those with a keen eye for transformation, the unique C2 commercial zoning permits an exciting conversion of the upper floors into residential units, potentially yielding an impressive $450K annually. Situated n a bustling area surrounded by medical clinics, laboratories, and pharmacies, this building is not just an asset but a gateway to endless possibilities.

Extras

Seize this remarkable investment! Prime medical building with growth potential for professionals, steady income for investors, and a $450K/year opportunity through residential conversion. Don't miss out!

Property

  • Status: Sale

  • Type: Medical/Dental

  • Property Type: Office

  • Property Type: Office

  • Area: Hamilton

  • Community: Central

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: 700 main E Lots 155 and 156, Plan 411; Part Lot 15

  • Taxes: $24,859

  • Taxes Type: Annual

Land

  • Cross Street: Main Street East & E

  • Municipality District: Hamilton

  • Sewer: San Avail

  • Lot Depth: 104.75 Feet

  • Lot Frontage: 80 Feet

  • Zoning: H-Commercial C2-

Commercial Specific

  • Sprinklers: Y

  • Total Area: 13468

  • Total Area Metric: Sq Ft

  • Office Size: 10219

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Lot Code: Building

  • Financial Statement: Y

  • LLBO: N

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