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$1.6M total
3,575 SF
Asset Class
Multifamily
Size
3,575 SF
Building class
C
Zoning
RA9 — High Rise
$ / SF
$444
Occupancy
95%
Lot Size
3575 ac
Prime Mixed-Use Investment Opportunity! Welcome to 71 Main St E, a highly versatile and exceptional mixed-use commercial and residential property perfectly situated directly in the heart of downtown Hamilton. Offering a dynamic blend of potential commercial space and residential accommodation, this standout building presents an incredible turn-key opportunity for savvy investors, business owners, and developers alike. Positioned in a high-visibility urban core, the property enjoys seamless access to major bus routes, key transit lines, and a comprehensive array of downtown amenities including; thriving retail, popular dining, banking, and professional services. The versatile layout and flexible structure support a broad range of business applications and potential revenue streams, making it ideally suited for retail storefronts, professional office suites, hospitality ventures, or residential income units. Whether you are looking to expand a growing investment portfolio, establish a central footprint for your enterprise, or capitalize on Hamilton's rapidly growing downtown market, 71 Main St E delivers unmatched position, potential, and long-term value. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$78K
Annual cash flow
$-10K
Cash-on-cash
-2.13%
DSCR
0.88
Going-in cap
4.90%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 2,052 SF | 2033-03 |
| Halcyon Wealth Partners | 809 SF | 2033-03 |
| Halcyon Wealth Partners | 400 SF | 2033-03 |
| Halcyon Wealth Partners | 400 SF | 2033-03 |
Trade area within 3 miles of the property.
Population
140,176
Households
65,683
Median income
$82,000
Median age
44.3
Daytime population
197,933
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 71 MAIN STREET E, Hamilton (Beasley).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.