189 Hughson Street S Hamilton, Ontario L8N 2B6
$1,789,999
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors. (id:61852)
Property Details
| MLS® Number | X12392551 |
| Property Type | Office |
| Neigbourhood | Corktown |
| Community Name | Corktown |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3905 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| SizeIrregular | 50.96 |
| SizeTotal | 50.96 Ac |
| SizeTotalText | 50.96 Ac |
| ZoningDescription | C5 |
https://www.realtor.ca/real-estate/28838518/189-hughson-street-s-hamilton-corktown-corktown
Interested?
Contact us for more information
Hassan Ali Javeed
Salesperson
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7
Andre Joseph
Salesperson
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7
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September 15 2025 05:14:52
Toronto Real Estate Board
Royal LePage Real Estate Associates