937 Centre Rd Hamilton, Ontario L8N 2Z7
$3,475,000
Rare S2 Settlement Commercial Zoning; Strong Tenancy Agreement In Place To September 30th, 2031; Final 4 Years At $15.00 Per Sq Ft Net + TMI; 1.9 Acres Has Potential For Additional Building. Allows For Medical Clinic, Day Nursery, Catering Service, Studio, Personal Services, Retail, Commercial Recreation Repair Services. Access To Major Hwys (6, 403, QEW). Flamborough Center Only 4 Kms North Of Growing Waterdown Community. Business NOT for sale, Building and Land only. Net Income Before Debt To 2031: 2024 - $95,225 | 2025 - $97056.25 | 2026 - $102,550 | 2027 - $104,381.25 | 2028-2031 - $109,875/Year**** EXTRAS **** Itemized List Of Renovations Performed In 2021 Totaling $363,436 (Roof, Electrical, Hvac, Appliances, Water Systems + More). List Available Upon Request. TMI 5.14 Psf '22, 5.52 Psf '23 (id:26892)
Property Details
| MLS® Number | X6624860 |
| Property Type | Retail |
| Community Name | Rural Flamborough |
| Amenities Near By | Highway |
| Parking Space Total | 52 |
Building
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Size Interior | 7,325 Ft2 |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Irregular | 200.78 X 380 Ft ; Irreg 1.9 Acres |
| Size Total Text | 200.78 X 380 Ft ; Irreg 1.9 Acres |
https://www.realtor.ca/real-estate/25773550/937-centre-rd-hamilton-rural-flamborough
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