Rare opportunity to own a lucrative automotive service garage with a long-term absolute net lease in place. Boasting an attractive cap rate and a corporate guarantee from an established automotive service tenant, this property provides a secure and profitable investment. Located in a high-traffic area surrounded by homes and businesses, this is an excellent opportunity for savvy investors looking to expand their portfolio. |
Price | $1,614,658 |
Taxes: | $13236.71 |
Tax Type: | Annual |
Assessment: | $409000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 38 Wentworth St South , Hamilton, L8N 2Y3, Ontario |
Postal Code: | L8N 2Y3 |
Province/State: | Ontario |
Legal Description: | PT LT 6 7 LT 7, PL 134, (FREED SURVEY), |
Directions/Cross Streets: | Main St E / Wentworth St S |
Category: | Industrial |
Building Percentage: | Y |
Total Area: | 4067.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 10 |
Office/Appartment Area Code: | % |
Industrial Area: | 90 |
Office/Appartment Area Code: | % |
Sprinklers: | N |
Rail: | N |
Clear Height Feet: | 17 |
Drive-In Level Shipping Doors #: | 2 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS MACAULAY NICOLLS INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Landsdale |
Tax: | $13,236.71 |