48
189 Hughson Street S
$1,789,999 Sale
Listed 10 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 189 Hughson Street S
Key Facts
Key facts for 189 Hughson Street S
Property Type
Commercial
Parking
None
MLS #
X12392551
Size
-
Basement
-
Listed on
2025-09-09
Lot size
51 x 85.01
Tax
$23,324.93 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking l...ot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors.
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Courtesy of: Royal Lepage Real Estate Associates