For Lease · Specialty

64 HATT Street Unit# 404, Hamilton

64 HATT Street Unit# 404, Hamilton, ON L9H7T6

$16 per sq ft / yr

6,059 SF

Asset Class

Specialty

Size

6,059 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

90%

About this property

Unique space in a converted Dundas landmark building, offering an open and light-filled setting well suited to creative and flexible commercial uses. This upper-level unit features hardwood floors, exposed brick and beam elements, and large factory-style windows that bring in abundant natural light. The space lends itself to a variety of uses, including studio, workshop, office, showroom, or other creative concepts. Building features include a freight/accessibility elevator, loading access, and on-site parking for staff and visitors. C5 zoning permits a wide range of commercial uses, including office, studio, retail, and service-based businesses. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.28%

DSCR

1.02

Going-in cap

5.63%

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 Roasters1,963 SF2033-01
Prairie Coffee Roasters3,502 SF2033-01

Area demographics

Trade area within 3 miles of the property.

Population

110,732

Households

49,380

Median income

$62,500

Median age

36.6

Daytime population

119,797

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 64 HATT Street Unit# 404, 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.