For Sale · Retail

1466 MAIN ST E Street E, Hamilton

1466 MAIN ST E Street E, Hamilton, ON L8K1C6

Price on request

607 SF

Asset Class

Retail

Size

607 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

94%

About this property

Ideally situated in popular east Hamilton, on a busy street with high traffic, excellent exposure and visability. Lots of foot traffic from surrounding neighbourhood, business and public transit. Directly beside The Beer Store, this space lends itself well to a wide range of retail uses. Immediate possession available. Retail space with large picture window, private office and 2 pc bath and storage. Don't miss out on this opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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 SF2029-08
Cascade Foods Inc.400 SF2029-08

Area demographics

Trade area within 3 miles of the property.

Population

43,178

Households

17,339

Median income

$63,500

Median age

40.4

Daytime population

62,965

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 1466 MAIN ST E 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.