Business For Sale · Office

204 - 41 KING WILLIAM STREET, Hamilton (Beasley)

204 - 41 KING WILLIAM STREET, Hamilton (Beasley), ON L8R1A2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

94%

About this property

An exceptional turnkey office opportunity in the highly sought-after Empire Times building, ideally situated in the heart of the King William restaurant district. Surrounded by vibrant new developments and renowned local destinations, including The Mule, The French, The Diplomat, Conversate, and Undefined, this prime location offers outstanding visibility and an unmatched urban atmosphere. Through the thoughtful integration of two historic buildings, owner and developer Core Urban has created one of Hamilton's leading hubs for professional and hospitality spaces. This signature location offers immediate access to the newly-renovated TD Coliseum, restaurants, financial institutions, courthouses, public transit, and a wide array of downtown amenities. Available today in one of Hamilton's most distinguished commercial buildings. Note: furniture shown in photography belongs to existing tenant and not available for use. Square footage provided by landlord. Additional rent of ~$300 per month for proportionate share of property tax. (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.

Area demographics

Trade area within 3 miles of the property.

Population

119,317

Households

51,166

Median income

$78,500

Median age

39.7

Daytime population

150,469

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 204 - 41 KING WILLIAM STREET, Hamilton (Beasley).

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.