Investment Commercial Building for Sale

MLS# H4194408 Price: $1,849,000




Property Description

Exceptional, Locke Street mixed use property. Above average condition with ongoing updates. Main floor commercial unit includes main lvl, rear ground lvl, and basement. Its lease is 2nd five-year term; 2 further five-year options end 2035. Front and side patio uses by commercial tenant are municipally approved. Tenant is successful, multi-location operation. Kitchen in above average condition. Main seating area includes marvelous glassed in space. Exterior finishes offer great curb appeal and marvelously glassed deck area. Upper 2 floor unit has potential as 2 units. Viewings w/24 hours notice for residential and between 11 am and 8 pm for commercial space preferred; listing REALTOR® to attend. Owned water heaters, HVAC serves main floor and electric heat for upper floors. 600-volt, 200 amp service has 2 step down transformers and four separate services. One gas service.

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What's your Walk Score? 96 Walker's Paradise

What's your Transit Score? 71 Excellent Transit

Property Details: 225 LOCKE Street S (near Alexander )
Listing# 79702


Location

Address 225 LOCKE Street S
City Hamilton
Cross Streets Alexander
District Hamilton West (12)
Neighbourhood Kirkendall (121)
Listing Agent Cameron Nolan

Description

Sub Type Investment Price $ 1,849,000
Lease Rate Per For Sale LotSize 36.57 ft x 100.49 ft x 36.58 ft x 100.44 ft
Location Hamilton Heating Baseboard
Gas Forced Air Open
Square Footage 3998

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.



Google Rating

5      90 reviews


Photo of Mark Johnston

Mark Johnston
  May 29, 2024

Lori and team were fantastic! Helped us maximize value and sold fast! A great partner to help sell our home. We wouldn't hesitate to recommend them.

Photo of C L

C L
  April 23, 2024

We received exemplary service from Team VanDinther and would not hesitate to recommend their services. Their expertise in marketing, pricing and communications far exceeded our expectations and resulted in multiple offers. Lori knew all the right people to get our home ready for market and her dedication to our success was apparent at every step of the process. It was a pleasure to work with such a friendly and efficient team!

Photo of Erin O'Leary

Erin O'Leary
  April 07, 2024

Lori and her team are excellent! We worked directly with Morgan and it was a great experience! Morgan was dedicated to finding us the right home. She really listened to our wants/needs and was sure to help us stick to what we were looking for. Morgan is very professional and made us feel comfortable throughout the process. We are very excited about our new home and would highly recommend this team! Thank you Morgan & Lori!

Photo of Lisa Potts

Lisa Potts
  April 04, 2024

Lori and her team are dedicated, supportive, available and personalize the entire home selling process. They work hard and get the best results. We are so pleased to have had the opportunity to work with such a great team and appreciate all they have done!!! Great work!

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