Advertising

574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6

MLS® # 40795852

new listing

Commercial For Sale In Southam, Hamilton, Ontario

$3,599,900

None Beds

Details
Map
Demographics
Street View
Get Directions

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

574 Upper James Street, Hamilton, ON

Advertising

574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6

$3,599,900

Property Information:

Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%. (id:27)

Building Features:

Style: Office
Basement Type: Full
Floor Space: 5500 sqft

Property Features:

OwnershipType: Freehold
Property Type: Office
Access Type: Highway access
Amenities Nearby: Hospital, Public Transit
Communication Type: High Speed Internet
Community Features: High Traffic Area
Features: Visual exposure, Elevator, Passenger elevator
Floor Space (approx): 5500 Square Feet
Lot Depth: 149 Feet
Lot Frontage: 50 Feet
Utility Type: Telephone - Available, Hydro - Available
Zoning: C5
Sewer: Municipal sewage system
No. of Parking Spaces: 13

Courtesy of: The Agency

Rating:

Notes:

Market Price Trends

Single family detached

-6.26%

Price change (1 year)

21.69%

Price change (5 years)

All Properties

-6.12%

Price change (1 year)

21.54%

Price change (5 years)

Location of 574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6

Lifestyle
Neighbourhood

Demographic Information of 574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,696.57

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.65 %

High school certificate or equivalent

31.73 %

Apprenticeship trade certificate/diploma

5.42 %

College/non-university certificate

25.6 %

University certificate (below bachelor)

0.93 %

University Degree

18.66 %

Commuter

Travel To Work

By Car

77.38 %

By Public Transit

13.25 %

By Walking

4.41 %

By Bicycle

0.0 %

By Other Methods

4.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.78 %

Houses

62.22 %

Own Vs. Rent

574 UPPER JAMES Street, Hamilton, Ontario, L9C 2Y6 $3,599,900 MLS® # 40795852