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Investment Highlights

  • Nearby grocery stores and many other retail businesses
  • 70 ft. (+/-) west of lighted intersection at Mountain Avenue and Hamilton Street
  • Ample parking

Executive Summary

Nestled at 244 Hamilton Street, this property presents a captivating blend of mixed-use retail and multi-family space, promising a versatile investment opportunity. Spanning approximately 3,049 square feet of land (0.07 acres) and featuring a two-storey building with a floor plate of about 2,145 square feet, its exact year of construction remains unknown, yet renovations in 1993, as per Neepawa assessment records, ensure modern functionality. Currently, the main floor hosts the esteemed World Financial Group Insurance Agency of Canada, while the second floor boasts four residential units, ensuring a diversified income stream. This setup offers an ideal investment opportunity, capitalizing on the stability of a commercial tenant on the main floor and the consistent demand for residential space on the second floor. The property benefits from its proximity to nearby retail and grocery stores, enhancing its attractiveness to potential tenants and customers alike. Moreover, its strategic location just 70 feet west of a lighted intersection at Mountain Avenue and Hamilton Street further enhances its visibility and accessibility.

Property Facts

Price $440,000 CAD
Price Per SF $205.13 CAD
Sale Type Investment
Property Type Flex
Building Class B
Lot Size 0.07 AC
Rentable Building Area 2,145 SF
No. Stories 2
Year Built 1993
Zoning CC - Commercial Centre
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 30044307

  • Date on Market: 2023-11-13

  • Last Updated:

  • Address: 244 Hamilton St, Neepawa, MB R0J 1H0

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