189 Hughson Street S Hamilton (Corktown), Ontario L8N 2B6
$1,789,999
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:41954)
Property Details
| MLS® Number | X12392551 |
| Property Type | Office |
| Community Name | Corktown |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3905 Sqft |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Irregular | 50.96 |
| Size Total | 50.96 Ac |
| Size Total Text | 50.96 Ac |
| Zoning Description | C5 |
https://www.realtor.ca/real-estate/28838518/189-hughson-street-s-hamilton-corktown-corktown
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September 09 2025 09:32:30
Toronto Real Estate Board
Royal LePage Real Estate Associates