Retail Commercial Building for Sale

MLS# H4089475 Price: $599,900



Property Description

Solid brick, mixed use retail store front (possible du-plex conversion) & 2nd floor nicely appointed 2 Bedroom + 1 Bathroom apartment generating $1,800.00 per month inclusive of utilities, (Tenant would like to stay, but vacant possession is also possible). 2 separate furnaces, & 2 separate entrances at front & 2 separate rear exits. Approximately 2000 sq. ft., in total plus full Basement (As per Seller). Building has had extensive renovations & improvements to both the retail area & residential apartment. Retail area is unoccupied but could be easily rented & would cash flow nicely for Investment purposes & is equipped with full Kitchen and 3 piece Bath including Shower. Clean Basement with high ceilings & 2 piece bathroom & an open slate for storage or additional living space or design accordingly. Perfect live/work scenario or Investment vehicle. Main floor retail has many possible uses & has COVID precautions & plexi-glass partition wall already in place limiting customer contact. Current set-up would easily support cheque cashing franchise, Legally Licensed Cannabis Store, Pawn Shop, Jewelry Store etc... All windows & door openings have auto remote retractable metal window shutters for added security. Submit Covid questionnaire to Listing Broker prior to any showings. Allow 24 hr notice for Res Tenant notification on @nd floor. 1% + HST REDUCTION TO COOPERATING BROKER COMMISSION IF BUYER (OR BUYER'S FAMILY) IS SHOWN BY LISTING BROKERAGE AND THEN BRINGS SUCCESSFUL OFFER.

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What's your Walk Score? 78 Very Walkable

What's your Transit Score? 61 Good Transit

Property Details: 1108 CANNON Street E (near Rosslyn )
Listing# 34773


Location

Address 1108 CANNON Street E
City Hamilton
Cross Streets Rosslyn
District Hamilton Centre (20)
Neighbourhood Crown Point (201)
Listing Agent Vincent Formosi

Description

Sub Type Retail Price $ 599,900
Lease Rate Per For Sale Location Hamilton
Heating Gas Forced Air Closed Square Footage 2000

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