$3,350,000
Available - For Sale
Listing ID: X13607194
70 King Street East , Hamilton, L8G 1K2, Hamilton
| Freestanding Medical Building for Sale, fully occupied with long term leases. Discover a rare opportunity to own a high-performing, fully tenanted medical building in the heart of Hamilton's Stoney Creek area. 70 King St E is an 8,000 sq ft, free-standing, purpose-built medical building with long-term healthcare tenants, excellent street exposure, and strong income performance. Strong Tenant Mix - Pharmacy, Family Medicine/Clinic, Cardio Clinic, Cardiac Lab, RMT, Chiropractic, Podiatry, Chiropody & much more. Stoney Creek's Historic Landmark is for Sale - Spent over $$$s to improve the building facade and interior to truly setup a medical centre/building. This medical building generates 7% plus cap rate and consistent income. Onsite parking at the rear of the building. Fully leased out with long term leases with strong revenue stream! |
| Price | $3,350,000 |
| Taxes: | $23042.54 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 70 King Street East , Hamilton, L8G 1K2, Hamilton |
| Postal Code: | L8G 1K2 |
| Province/State: | Hamilton |
| Legal Description: | LT 10, RCP 1438 ; STONEY CREEK CITY OF H |
| Directions/Cross Streets: | King St E & New Mountain Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Use: | Medical/Dental |
| Building Percentage: | T |
| Total Area: | 8000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 6000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 16-30 |
| Days Open: | O |
| Sprinklers: | Part |
| Washrooms: | 5 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Clear Height Feet: | 9 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
| Water: | Water Sys |
| Water Supply Types: | Water System |
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| ROYAL LEPAGE PINNACLE REAL ESTATE |
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Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Office |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stoney Creek |
| Approximate Age: | 16-30 |
| Tax: | $23,042.54 |
| Baths: | 5 |
| Fireplace: | N |
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