207 OTTAWA Street N, Hamilton

2024-09-17
 

Quick Summary

Location
207 OTTAWA Street N, Hamilton, Ontario L8H3Z4
Price
$1,299,900 CAD
Status:
For Sale
Property Type:
Retail
Area:
3820ft2

MLS®#40638815

Property Description

Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Basement Type: Partial
  • Fireplace: No
  • Interior Size: 3820 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Visual exposure

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C5a

Information entered by Sotheby's International Realty Canada, Brokerage
Listing information last updated on: 2024-09-17 11:56:13


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