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745 Barton St E
Hamilton, ON L8L 3A9
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Superb investment opportunity in a high-demand location, just steps away from Tim Hortons Field and close to a McDonald's.
- This property is situated in a C2 Zoned - Neighbourhood Commercial area, allowing for a wide range of uses including retail, offices, and restaurants.
- Heavy daytime foot traffic!
- Retail space holds great promise for attracting a high-revenue tenant.
EXECUTIVE SUMMARY
INCOME POTENTIAL WITH HIGH TRAFFIC VISIBILITY! This mixed-use building presents a superb investment opportunity in a high-demand location, just steps away from Tim Hortons Field and close to a McDonald's, drawing significant foot traffic. While the ground floor's 2,345 sqft commercial space is currently vacant and previously generated $4,000 monthly, it holds great promise for attracting a high-revenue tenant. The residential unit above spans 1,108 SQFT and is consistently leased for $2,000 monthly, contributing steady income. Ideal for investors looking to separate and maximize leasing options, this property is situated in a C2 Zoned - Neighborhood Commercial area, allowing for a wide range of uses including retail, offices, and restaurants. Perfect for capitalizing on both everyday customers and game day crowds. Complete with three parking spaces and easy access to public transit, this property is primed for both commercial and residential tenants seeking convenience and exposure.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,453 SF
Building Class
C
Year Built
1915
Price
$777,000 CAD
Price Per SF
$225.02 CAD
Cap Rate
9%
NOI
$69,930 CAD
Percent Leased
32%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.08 AC
Zoning
C2 - Neighborhood Commercial area
Parking
3 Spaces (0.87 Spaces per 1,000 SF Leased)
Frontage
36’ on Barton St
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