5000 sqft
$2,300,000
Prime Investment Opportunity! This corner plaza offers everything an investor could dream of: a thriving location, consistent income, and future growth potential. Nestled at a high-traffic intersection, the property enjoys unbeatable visibility and access, attracting a steady flow of customers to its businesses. All four units are fully rented, occupied by reliable, long-term tenants under active leases, ensuring hassle-free, income-producing ownership from day one. Additionally, the on-site billboard provides a diversified income stream, boosting overall earnings. With modern amenities, ample parking, and convenient access for tenants and patrons, this plaza is set up for long-term success. Boasting a gross annual income of $151,778.40, it’s a turnkey investment offering excellent returns and low risk. Ideal for savvy investors looking to expand their portfolio or secure a stable, high-performing property in a thriving area, this is a rare opportunity you don’t want to miss! (id:47351)
Property Details
MLS® Number
|
40680839 |
Property Type
|
Retail |
AmenitiesNearBy
|
Public Transit, Schools |
CommunityFeatures
|
High Traffic Area |
ParkingSpaceTotal
|
15 |
Building
BasementType
|
None |
ExteriorFinish
|
Brick |
StoriesTotal
|
1 |
SizeExterior
|
5000.0000 |
SizeInterior
|
5000 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Public Transit, Schools |
Sewer
|
Municipal Sewage System |
SizeDepth
|
103 Ft |
SizeFrontage
|
118 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
C2 |
https://www.realtor.ca/real-estate/27682434/525-mohawk-road-e-hamilton