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51 Augusta St 2,926 SF of Flex Space Available in Hamilton, ON L8N 1P8
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - Full Building | 2,926 SF | 3-5 Years | $23.76 CAD/SF/YR $1.98 CAD/SF/MO $69,522 CAD/YR $5,793 CAD/MO | Plus All Utilities |
1st Floor - Full Building
Amazing opportunity with this beautiful 3-unit building located just steps from trendy James St and the new GO Station. 2,926sf total space including 808sf of storage in the basement, 1112sf on the main level and another 1006sf on the 2nd floor. Must be toured to see the endless possibilities for a large single Tenant, a live-work set up or a 3 unit investment property. A few minutes walk to the beautiful Hamilton Harbour and the Bayfront. Located on the main Bus Route. Currently set up as 2 residential renovated units and 1 commercial storefront. Units are separately metered and tenants pay their Gas and Electricity. If you are looking for options for your professional office/retail space, this is it! Be in the heart of the action near great restaurants, law firms, medical facilities and more. The property is also listed for sale and a lease-to-own option available for qualified applicants.
- Listed lease rate plus proportional share of utilities
- Central Air Conditioning
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 51 AUGUSTA ST, HAMILTON, ON L8N 1P8
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Augusta Street
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Augusta Street | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,926 SF | Gross Leasable Area | 2,926 SF |
| Property Type | Retail | Year Built | 1855 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.03/1,000 SF |
| Total Space Available | 2,926 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,926 SF |
| Year Built | 1855 |
| Parking Ratio | 1.03/1,000 SF |
FEATURES AND AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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51 Augusta St
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