Investment Commercial Building for Sale
MLS# H4036171 Price: $2,099,000
Landmark, Historical Mixed Use 5-Plex totally turn-key & grossing over $107,000 per annum with plenty of room to increase gross, located in the heart of the Entertainment District (Hess Village). Towering 4 storey building above grade level with many improvements, as per owner, over $400K spent on improvements and is fully occupied with solid Tenants with desire to stay and renew. The lower lever has a huge outdoor Patio that wraps the side of the building and accommodates a Lounge on the corner of Hess & George. The Main Floor is leased to a renowned Tattoo Parlor with a waiting list plus soaring ceiling height and floor to ceiling windows that over look the village. Second floor consists of 2 beautifully re-modeled one bedroom apartments and third floor contains a huge 2 Bedroom unit with vaulted ceilings, skylights tasteful finishings, not to mention exposed brick walls. Residential rents are below market and have huge upside! Recent updates include: Front door and some windows, new sub-floor(upper level) covered with porcelain tiles. New Viessmann gas hi-efficiency boiler with new rads, with new radiant gas lines, some new wiring, new plumbing, newer kitchen, roof (approx 2 years) and much more!
95 Walker's Paradise
84 Excellent Transit
Property Details: 32 HESS Street S (near George St. )
||32 HESS Street S
||Hamilton West (10)
||Strathcona South (103)
|Lease Rate Per
||Electric Forced Air
Gas Hot Water
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.