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337 Gage Av N 20,600 SF Industrial Building Hamilton, ON L8L 7A8 $2,490,000 CAD ($120.87 CAD/SF) 11.04% Cap Rate
Investment Highlights
- MANY POSSIBLILITIES AVAILABLE INCLUDING TRADE SCHOOL.
- EASY ACCESS TO BURLINGTON ST AND QEW.
- ALCOHOL PRODUCTION FACILITY AND SO MUCH MORE.
Executive Summary
VERSATILE 20600 SQFT TWO STOREY INSTITUTIONAL BUILDING FORMERLY USED AS A ELEMENTARY SCHOOL ZONED M-5 GENERAL INDUSTRIAL.
Property Facts Under Contract
| Price | $2,490,000 CAD | Rentable Building Area | 20,600 SF |
| Price Per SF | $120.87 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1965 |
| Cap Rate | 11.04% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.1/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.47 AC | ||
| Zoning | M5 - General Industrial - M-5 | ||
| Price | $2,490,000 CAD |
| Price Per SF | $120.87 CAD |
| Sale Type | Investment |
| Cap Rate | 11.04% |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.47 AC |
| Rentable Building Area | 20,600 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 1.1/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M5 - General Industrial - M-5 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
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337 Gage Av N
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