574 Upper James St

Remarkable investment opportunity in a desirable Hamilton Mountain location with great street presence and visibility. The standalone medical/dental building includes 5 units which generate Annual Gross Rental Income of nearly $250,000. After operating expenses, this turnkey building presents a favourable capitalization rate over 4.4%. Seller financing available.

Unlock unparalleled investment potential with our prestigious medical building, a haven for medical professionals, savvy investors, and visionary developers alike. For healthcare practitioners, this is your golden opportunity to elevate your practice, leveraging an established medical hub to foster growth, secure valuable asset appreciation, and enjoy additional income through renting to fellow specialists. Investors, seize this chance to tap into a lucrative revenue stream by collecting rent from a diverse mix of medical tenants in a prime location, ensuring a robust and stable income. Moreover, for those with a keen eye for transformation, the unique C2 commercial zoning permits an exciting conversion of the upper floors into residential units, potentially yielding an impressive $450K annually. Situated n a bustling area surrounded by medical clinics, laboratories, and pharmacies, this building is not just an asset but a gateway to endless possibilities.

Incredible opportunity available in the James North district! This building offers nearly 15,000 square feet of usable space over four floors, with spectacular post and beam construction, exposed brick, large windows, and soaring ceiling heights. The old facade was recently removed to unveil the original brick facade, which is in excellent condition. Aside from a fantastic retail tenant, the building is nearly vacant; awaiting the right vision from a buyer. Restoring the old window openings in the facade will make an unbelievable difference, and changes to the interior layout will result in the realization of ample usable space. The location cannot be beaten; steps from both James North and King William Street, surrounded by multiple major new condominium projects. This area is experiencing astronomical growth and demand. The property's breathtaking character and flexible D1 zoning allow a tremendous variety of uses and opportunities for the right buyer. Don't miss this chance to invest in Hamilton's remarkable renaissance!