For Lease · Industrial

182 CHATHAM Street Unit# 4-9, Hamilton

182 CHATHAM Street Unit# 4-9, Hamilton, ON L8P2B6

Price on request

500 SF

Asset Class

Industrial

Size

500 SF

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

93%

Clear height

24 ft

Loading docks

4

About this property

Excellent opportunity to lease just over 500 sq. ft. of versatile storage and workshop space in Hamilton’s west end. Located within a secure, gated yard, this unit is ideal for electricians, plumbers, contractors, handymen, craftsmen, mechanics, or small business owners looking for a practical workspace or additional storage. These units features a 10 ft. x 10 ft. overhead garage door for convenient access, along with individual heating and water. Whether you need a space to store tools and equipment, work on projects, or operate your trade business, this property offers excellent flexibility in a convenient west-end location. Units 4-9 are each approx 500 sq ft or larger. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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
Cascade Foods Inc.400 SF2033-07
Cascade Foods Inc.400 SF2033-07
Cascade Foods Inc.400 SF2033-07

Area demographics

Trade area within 3 miles of the property.

Population

125,227

Households

43,435

Median income

$119,000

Median age

33.6

Daytime population

127,867

5-yr growth

9.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 182 CHATHAM Street Unit# 4-9, Hamilton.

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.