1646 MAIN Street E, Hamilton, Ontario, L8H1C6
Property TypeBusiness Building Area4337 square feet

Welcome to 1646 Main St. E. in the Normanhurst neighborhood in Hamilton. Licensed 10 room Lodging/Rooming house + 1 commercial unit. Fully occupied. High demand from City of Hamilton that cannot be met. Upside would be to add meal services to increase revenue and profits. 2,661 sq. ft. + 2,181 a square-foot basement. Total of 4,842 usable square footage. Located beside proposed redevelopment site/proposed Hamilton Light Rail Hub. Attractive VTB 1st mortgage financing available at attractive rates OAC. Complete Kitchen redone February 2021. New Furnace and Air-conditioning 2021. Room and bathroom upgrades 2021. Automatic rent deposits of some tenants from government sponsored programs. Revenue: $8,900 per month, Insurance $210 per month, property tax $325 per month, Hydro $325 per month, Gas $150 a month. Vacant possession available. Offers welcome anytime. Please contact listing agents for all offers/inquiries. (id:12832)


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Details
Amenities NearbyPublic Transit Parking Spaces8
TransactionFor sale Zoning DescriptionTOC1-Transit OrientedCorridorMixedUseMediumDensity
Building
BasementNone CoolingAir Conditioned
HeatingForced air Size Exterior4337 sqft
Size Interior4337 sqft TypeCommercial Mix
Utility WaterCommunity Water System, Municipal water
Land
Size Frontage43 ft Access TypeHighway access
AmenitiesPublic Transit SewerSanitary sewer, Storm sewer
Size Depth100 ft Size Irregular43.41 x 100

Listing Office: Royal LePage State Realty

Data Provided by REALTORS® Association of Hamilton-Burlington

Last Modified :17/08/2021 01:05:21 AM

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