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Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
87%
Excellent commercial lease opportunity in the heart of Hamilton's revitalizing Barton Street East corridor! This fully renovated ground-floor commercial space offers exceptional exposure along a busy main artery with excellent visibility, strong pedestrian activity & consistent vehicle traffic, making it an ideal location for a wide variety of retail, office, professional, medical, studio, service-based or specialty business uses. Flexible C2 Commercial zoning accommodates numerous permitted uses.The space has been extensively renovated with quality finishes throughout, including new drywall, flooring, updated plumbing, electrical trim & a dedicated 200-amp electrical service. Large front-facing windows provide outstanding exposure while allowing an abundance of natural light into the unit, creating a bright & welcoming environment for clients, customers & staff. Separate hydro metering offers added convenience & independent utility management.Street parking is available directly in front of the property. Ideally located just steps from Tim Hortons Field, Centre on Barton, restaurants, cafés, shopping & other established businesses. This growing neighbourhood continues to see significant revitalization, bringing increased residential density & commercial activity to the area.Conveniently situated with easy access to public transit, Downtown Hamilton, Red Hill Valley Parkway, Highway 403 & the QEW, providing excellent connectivity throughout the city & beyond. A fantastic opportunity to establish or relocate your business in a modern, move-in-ready commercial space in one of Hamilton's evolving business districts. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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.
Trade area within 3 miles of the property.
Population
85,834
Households
36,878
Median income
$116,000
Median age
35.1
Daytime population
90,187
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for # MAIN - 759 BARTON STREET E, Hamilton (Stipley).
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.