Business For Sale · Industrial

4-9 - 182 CHATHAM STREET, Hamilton (Kirkendall)

4-9 - 182 CHATHAM STREET, Hamilton (Kirkendall), ON L8P2B6

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

100%

Clear height

27 ft

Loading docks

12

About this property

Excellent opportunity to lease just over 500 sq. ft. of versatile storage and workshop space in Hamilton's west end. Located within a secure, gated yard, this unit is ideal for electricians, plumbers, contractors, handymen, craftsmen, mechanics, or small business owners looking for a practical workspace or additional storage. These units features a 10 ft. x 10 ft. overhead garage door for convenient access, along with individual heating and water. Whether you need a space to store tools and equipment, work on projects, or operate your trade business, this property offers excellent flexibility in a convenient west-end location. Units 4-9 are each approx 500 sq ft or larger. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

100,448

Households

36,530

Median income

$71,500

Median age

36.9

Daytime population

147,724

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 4-9 - 182 CHATHAM STREET, Hamilton (Kirkendall).

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.