Active
700 Main St E
Hamilton Ontario, L8M 1K7
$2,750,000
Active
Commercial
Unlock unparalleled investment potential with our prestigious medical building, a haven for medical professionals, savvy investors, and visionary developers alike. For healthcare practitioners, this is your golden opportunity to elevate your practice, leveraging an established medical hub to foster growth, secure valuable asset appreciation, and enjoy additional income through renting to fellow specialists. Investors, seize this chance to tap into a lucrative revenue stream by collecting rent from a diverse mix of medical tenants in a prime location, ensuring a robust and stable income. Moreover, for those with a keen eye for transformation, the unique C2 commercial zoning permits an exciting conversion of the upper floors into residential units, potentially yielding an impressive $450K annually. Situated n a bustling area surrounded by medical clinics, laboratories, and pharmacies, this building is not just an asset but a gateway to endless possibilities.
X8099246
MLSⓇ ID
April 9, 2024
Updated
Map
700 Main St E
Hamilton Ontario, L8M 1K7
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
0.19 Acres
Sewer
San Avail
Other Property Details
Area Name
Central
Taxes
$24,859
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Hamilton
Water Source
Municipal
Pool
No
Zoning
H-Commercial C2- Neighborhood commercial
Courtesy of Listed by , ROYAL LEPAGE SIGNATURE REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 5:11 PM UTC, 4/9/2024