Each Office Independently Owned and Operated
109 Portia Drive, Ancaster, ON  L9G 0E8

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!

What's your Walk Score? 95 Walker's Paradise

What's your Transit Score? 84 Excellent Transit

Property Details: 32 HESS Street S (near George St. )
Listing# 15009


Address 32 HESS Street S
City Hamilton
Cross Streets George St.
District Hamilton West (10)
Neighbourhood Strathcona South (103)
Listing Agent Vincent Formosi


Sub Type Investment Price $ 2,099,000
Lease Rate Per For Sale LotSize N/A
Location Hamilton Heating Electric Forced Air
Gas Hot Water
Square Footage 0

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