180 Chatham St - Warehouse FOR SALE


Hamilton, ON L8P 2B6- Hamilton Central B
$3,390,000 CAD
416-302-2775
180 Chatham St, Hamilton, ON for Sale
$3,390,000 CAD
Warehouse - FOR SALE
1/8
null | 6.5% Cap Rate

180 Chatham St
Hamilton, ON L8P 2B6
Hamilton Central B


HIGHLIGHTS

  • Professionally managed industrial investment property with future redevelopment potential.
  • Located near HWY 403 and Main St W. and just minutes away from a residential district.
  • This single-tenant property offers a going-in CAP Rate of 5.6% to 5.9% with a strong Tenant Covenant, making it a compelling investment opportunity.

OVERVIEW

CB Metropolitan Commercial Ltd., is proud to present an opportunity to purchase a professionally managed industrial investment property with future redevelopment potential, situated adjacent to the vaunted McMaster Innovation Park (MIP) at McMaster University. Located near HWY 403 and Main St W, in the Kirkendall North neighbourhood of Hamilton, 180 Chatham St is minutes from a large historic residential district. The surrounding area has recently experienced significant revitalization, driven by the growth and influence of MIP. This single-tenant property offers a going-in CAP Rate of 5.6% to 5.9% with a strong Tenant Covenant, making it a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$3,390,000 CAD

PRICE/SF

$248 CAD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

7

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,333

ZONING

M1

APN/PARCEL ID

251801009151710

ASK ABOUT THIS PROPERTY

Kevin TuttleCB Metropolitan Commercial LtdMore Info
416-302-2775

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Kevin TuttleCB Metropolitan Commercial LtdMore Info
416-302-2775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.