For Sale · Industrial

577 BURLINGTON Street E, Hamilton

577 BURLINGTON Street E, Hamilton, ON L8L4J5

Price on request

2,208 SF

Asset Class

Industrial

Size

2,208 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

96%

Clear height

21 ft

Loading docks

4

About this property

EXCELLENT MULTI USE OFFICE, TIRE, AUTO SHOP OPPORTUNITY IN HIGH TRAFFIC Area. Modern open concept 1,500 sqft showroom/office, renovated within the last 2 years with high end finishes. Heated 2 car, 708 sqft bay with 2x 12X10 door and 2 new car lifts. Zoned Industrial (M5) allows for many opportunities and multiple uses. Fenced secure lot. Storage containers if needed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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
Prairie Coffee Roasters1,377 SF2029-01
Prairie Coffee Roasters482 SF2029-12
Prairie Coffee Roasters400 SF2029-12
Prairie Coffee Roasters400 SF2029-12

Area demographics

Trade area within 3 miles of the property.

Population

105,780

Households

39,299

Median income

$128,500

Median age

35.6

Daytime population

131,209

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 577 BURLINGTON Street E, 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.