Business For Sale · Multifamily

71 MAIN STREET E, Hamilton (Beasley)

71 MAIN STREET E, Hamilton (Beasley), ON L8N1G2

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.59M
Down payment30% · $477K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners2,052 SF2033-03
Halcyon Wealth Partners809 SF2033-03
Halcyon Wealth Partners400 SF2033-03
Halcyon Wealth Partners400 SF2033-03

Area demographics

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.

Secure deal room

Confidential diligence documents for 71 MAIN STREET E, Hamilton (Beasley).

NDA required
  • 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.