For Lease · Industrial

182 CHATHAM Street Unit# 3, Hamilton

182 CHATHAM Street Unit# 3, Hamilton, ON L8P2B6

Price on request

800 SF

Asset Class

Industrial

Size

800 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

99%

Clear height

30 ft

Loading docks

8

About this property

Excellent opportunity to lease an approximately 800 sq. ft. detailing and wash bay in the heart of Hamilton’s sought-after west end. Featuring a 16-foot powered garage door, this space offers convenient vehicle access and an ideal setup for automotive detailing, vehicle washing, or other compatible automotive-related uses. Conveniently located with easy access to major routes and surrounding neighbourhoods, this space is well suited for an established operator looking to expand or an entrepreneur ready to start their own automotive business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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 Roasters400 SF2034-04
Prairie Coffee Roasters538 SF2034-04

Area demographics

Trade area within 3 miles of the property.

Population

86,566

Households

36,799

Median income

$86,000

Median age

44.9

Daytime population

75,365

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 182 CHATHAM Street Unit# 3, 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.