For Sale · Office

55 JOHN Street S, Hamilton

55 JOHN Street S, Hamilton, ON L8R3M5

Price on request

1,700 SF

Asset Class

Office

Size

1,700 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

84%

About this property

Newly renovated! Newly updated with HVAC, flooring, and washroom fixtures, this exceptional 1,700 sq ft unit commands prime real estate on bustling John Street South, positioned in the vibrant heart of Hamilton's revitalized downtown core. The versatile two-section layout (front and back) enables diverse dual-operation concepts such as a restaurant paired with a full-service bar or retail storefront with complementary back-of-house operations. The property features a full-height, dry basement providing generous storage and operational flexibility. Ideally situated steps from major transit hubs, including the future LRT corridor and the existing downtown Hamilton GO Centre, this location offers exceptional accessibility for customers and employees alike. The immediate surroundings showcase Hamilton's thriving downtown renaissance, with walkable access to eclectic dining, entertainment, cultural attractions, and retail destinations. The D1 Downtown Central Business District zoning supports diverse commercial uses, attracting a steady stream of foot traffic and commuter activity. The space benefits from high-visibility positioning on a major downtown thoroughfare, making it ideal for businesses seeking maximum market exposure. Whether positioned as a full-service restaurant with bar service, a specialty retail operation with support services, or any hybrid concept, this location provides the infrastructure and market positioning for success. Lease to be structured as semi-gross with tenant responsible for separately-metered utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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
Aurora Legal LLP934 SF2029-04
Aurora Legal LLP400 SF2029-04
Aurora Legal LLP400 SF2029-04

Area demographics

Trade area within 3 miles of the property.

Population

135,476

Households

54,330

Median income

$137,500

Median age

35.6

Daytime population

126,389

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 55 JOHN Street S, 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.