Mix use building , Great Investment opportunity with projected income of over 5% Cap rate , consists of 1 Commercial unit on main floor and 2 residential apartments on 2nd floor. Commercial currently Leased to Vie Tea Café on a 5 year term , Residential units each consists of 2 bedrooms and 1 full bathroom , Both Residential units are vacant so you can pick your own tenants. both commercial and residential units have been extensively renovated within the past 2-3 years. Private parking at back of building (id:35762)
MLS® Number | X12022169 |
Property Type | Retail |
Neigbourhood | Southam |
Community Name | Southam |
ParkingSpaceTotal | 4 |
Appliances | Dryer, Two Stoves, Washer |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 3004 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 133 Ft ,6 In |
SizeFrontage | 27 Ft |
SizeIrregular | 27 X 133.53 Ft |
SizeTotalText | 27 X 133.53 Ft |
ZoningDescription | C5a Mixed Use |
https://www.realtor.ca/real-estate/28031373/598-upper-james-street-hamilton-southam-southam
Contact us for more information
Omar Aziz
Broker