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Great Investment Opportunity In The Center Of Downtown Hamilton. It Is Located Beside The Busiest Street In The City. Its Convenient Location Is Close To All Amenities. Go Train Centre, Government Office Buildings, Banking Centers, Shopping Centre, Mcmaster University Downtown Campus, Many Colleges And Hospitals Nearby. It Is Surrounded By Many New And Under Construction Condos. It Is In A High Demand Area For Business And Redevelopment. The Downtown Central Business Zoning Provides A Wide Range Of Uses. The 1st And 2nd Floors Of The Building Are Currently Used By The Owner As A Commercial Business. The 3rd And 4th Floors Can Be Self-Use Or Rented As Residential Apartments(With Kitchens And Bathrooms), Law Or Medical Office, Beauty Salon, Arts/Design Studios, Night Club Etc. It Brings Great Cash Flow While It Has A Great Value-Added Potential Redevelopment Opportunity. Don't Miss It!**** EXTRAS **** Seller Is Willing To Lease Back 1st+2nd Floors For $6000 Per Month, 3rd And 4th Floor Market Rent Is Between $4000-$5000 For Residential, Total Potential Yearly Income 132,000. This Location Is Very Easy To Rent To Students.Vtb Is Possible. (id:24093)
Listed by HELEN YAN of RE/MAX IMPERIAL REALTY INC.

Property Details of 71 Main Street East

Property Details

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"Based on information submitted to CREA as of February 6, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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