289-293 Kenilworth N Avenue, Hamilton, ON L8H 4S8

  • $1,799,000
289-293 Kenilworth N Avenue, Hamilton, ON L8H 4S8
Active For Sale
289-293 Kenilworth N Avenue, Hamilton, ON L8H 4S8
289-293 Kenilworth N Avenue, Hamilton, ON L8H 4S8
  • $1,799,000

Overview

Property ID: HZX12089960
  • Commercial Retail, Commercial Sale
  • Property Type
  • 4200
  • Sqft

Description

Incredible low-maintenance investment offered at a massive 6.6% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!

  • Address 289-293 Kenilworth N Avenue
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8H 4S8

Details

Updated on April 17, 2025 at 7:33 pm
  • Property ID: HZX12089960
  • Price: $1,799,000
  • Property Size: 4200 Sqft
  • Garage Size: x x
  • Property Type: Commercial Retail, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Hamilton
  • Property Type: Commercial Sale

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