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Business For Sale · Industrial

151 HESTER Street, Hamilton

151 HESTER Street, Hamilton, ON L9A2N9

$3.1M total

4,640 SF

Asset Class

Industrial

Size

4,640 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

$668

Occupancy

93%

Year Built

2006

Clear height

25 ft

Loading docks

1

About this property

BRUCEDALE GARAGE – A Hamilton Automotive Repair Landmark Since 1975. Exceptional opportunity to acquire a turn-key automotive repair business and property with an outstanding reputation built over 50 years of family ownership and community service. Proudly serving customers since 1975, Brucedale Garage combines an established business, functional automotive facility, and substantial 156' x 100' lot in an accessible Hamilton location. The four-bay repair facility is ready for the next owner to continue operations from day one. Each bay features hydraulic hoists, while the rear service area provides dedicated space for tire repairs, supplies, equipment and storage. A two-piece washroom serves shop staff. The front area includes a welcoming waiting room, bathroom, and invoice processing/service area, creating an efficient transition from customer reception to the repair bays. The second level offers flexible-use space currently suited as a boardroom/lunchroom, plus a separate private office and HVAC access room. The third-level loft provides additional storage, currently used for tires. Additional storage is provided by a 52-foot trailer with direct covered access from the supply room, ideal for inventory, tires, parts and equipment. The expansive 156' x 100' lot offers abundant parking and maneuvering space, with potential for outdoor storage or future use, subject to applicable approvals. The facility is equipped for year-round operation with two furnaces, central air conditioning serving the front reception and second-level boardroom, radiant gas heating throughout the shop, and 600-amp electrical service. Environmental infrastructure includes three septic containment tanks for used oil and a separate containment tank for used radiator fluids. Recent improvements include a new roof installed in 2025 and new blacktop throughout the asphalt areas. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.10M
Down payment30% · $930K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$182K

Annual cash flow

$10K

Cash-on-cash

1.13%

DSCR

1.06

Going-in cap

5.88%

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 Partners1,523 SF2032-07
Halcyon Wealth Partners2,774 SF2032-07

Area demographics

Trade area within 3 miles of the property.

Population

68,123

Households

25,046

Median income

$70,500

Median age

38.6

Daytime population

75,002

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 151 HESTER Street, 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.