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737 Barton St E 8,700 SF Vacant Retail Building Hamilton, ON L8L 3A9 $2,595,000 CAD ($298.28 CAD/SF) 8.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Over $1M spent on renovations from 2018 to 2023
- 18 updated boarding rooms for short term rentals and a large parking lot
EXECUTIVE SUMMARY
ATTENTION INVESTORS! Here's an Opportunity to add a prominent Family Restaurant / Sports Bar Lounge / Boarding Room Rentals to your Investment Portfolio with an 8.5% CAP! This solid brick, 2 story building consists of a Restaurant & Sports Bar with loads of seating, outdoor patio, 18 updated boarding rooms for short term rentals and a large parking lot. Over $1M spent on renovations from 2018 to 2023. Located in close proximity to the Centre on Barton Shopping Mall, Historic Ottawa Street Shopping District, and short walking distance to Tim Hortons Field make this the ultimate gathering place after a day of shopping, concerts & Sporting Events. Excellent investment opportunity you don't want to miss!!!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,700 SF
Building Class
B
Year Built
1935
Price
$2,595,000 CAD
Price Per SF
$298.28 CAD
Cap Rate
8.50%
NOI
$220,575 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Zoning
C2 - Commerical
Frontage
33’ on Barton St
Walk Score®
Walker's Paradise (94)
NEARBY MAJOR RETAILERS
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737 Barton St E
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