700 Main St E
Hamilton, L8M1K7
For Sale
$2,750,000
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Office
CATEGORY13,468 Sq Ft
TOTAL AREAX8099246
MLSIDContact Us
Property Description
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.
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Seize this remarkable investment! Prime medical building with growth potential for professionals, steady income for investors, and a $450K/year opportunity through residential conversion. Don't miss out!
Property Details
Category
Office
Usage
Medical/Dental
Zoning
H-Commercial C2- Neighborhood commercial
Total Area
13,468 Sq Ft
Office/Apartment Area
10,219 Sq Ft
Lot Size
80' x 105'
Taxes
$24,859 (2023)
Air Conditioning
Yes
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Listing contracted with Royal Lepage Signature Realty
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