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189 HUGHSON STREET S, Hamilton, Ontario

$1,789,999

3,905 Square Feet

Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors. (id:23309)

Listing ID: X12393008
Property Type: Retail

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Details

Transaction: For sale
Zoning Description: C5

Building

Cooling: Fully air conditioned
Fireplace Present: False
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3905 sqft
Utility Water: Municipal water

Land

Acreage: true
Size Irregular: 50.96
Size Total: 50.96 ac

Listing provided by Royal Lepage Real Estate Associates
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 189 HUGHSON STREET S in Hamilton Ontario. It was last modified on September 9th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Hamilton real estate for sale.

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