New Listing
125 Gailmont Drive,Hamilton, ON L8K4B8
Hamilton, ON L8K4B8
Description
Rare Investment Opportunity - Established Mixed-Use Retail Plaza in Hamilton's East End. A rare opportunity to acquire a highly visible, established mixed-use retail plaza in prime East Hamilton. Situated on a high-traffic arterial road with outstanding visibility, just one minute from the Red Hill Valley Parkway and directly on a major bus route, this property offers extreme retail exposure and unbeatable convenience for commuters and local shoppers alike.The plaza features 20+ on-site parking spaces plus ample free street parking. With main floor and lower-level units occupied primarily by long-term, solid tenants and nearly fully leased, the asset delivers stable, immediate cash flow from day one.Strong Upside Potential: Take advantage of Hamilton's ongoing growth with opportunities to expand the existing footprint or redevelop in height. Whether you're an investor seeking value-add or a developer looking for intensification, this is a compelling opportunity. (id:374)
Details
| MLS # | 40871462 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | RE/MAX Aboutowne Realty Corp. | MIOMIR MILESEVIC |
Features
| SQ Feet | 9,746 |
|---|---|
| Basement | Y |
| Zoning | C2 |
| Acreage | 0.34 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Visual exposure |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | None |
Taxes
| Tax Annual Amount | 33813.03 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8K4B8 |
| Community Name | 280 Corman/Greenford |
| Listing VS Median (in 280 Corman/Greenford) | |
Price: $2,499,999 low | high Med: $422,894 sqft: 9,746 low | high Med: 956 $ / sqft: $257 low | high Med: $448 On site: 5 low | high Med: 39 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8K4B8 |
| Community Name | 280 Corman/Greenford |
| Listing VS Median (in 280 Corman/Greenford) | |
Price: $2,499,999 low | high Med: $422,894 sqft: 9,746 low | high Med: 956 $ / sqft: $257 low | high Med: $448 On site: 5 low | high Med: 39 | |