41 Rymal Rd W - Car Washes FOR SALE


Hamilton, ON L9B 1B5- Mountain B
$1,599,888 CAD
905-290-6777
41 Rymal Rd W, Hamilton, ON for Sale
$1,599,888 CAD
Car Washes - FOR SALE
1/2
null | Request Cap Rate

41 Rymal Rd W
Hamilton, ON L9B 1B5
Mountain B


HIGHLIGHTS

  • Established income from multiple diversified revenue streams
  • Significant recent capital investment reduces near-term replacement costs
  • Passive revenue components from billboard, telecom tower, and tenant lease
  • Redevelopment upside supported by flexible C5 zoning
  • Cash-flowing asset with future value-add and redevelopment potential

OVERVIEW

Rare opportunity to acquire a fully renovated, multi-income commercial asset in Hamilton's premier automotive corridor. The property features a 6-bay self-serve car wash plus three passive income streams including a telecom tower lease, digital billboard lease, and dog grooming tenancy. Supported by over $473,000 in recent capital improvements, environmental clearance, modern cashless payment systems, and C5 zoning allowing mixed-use redevelopment, the asset offers immediate cash flow with long-term value-add potential. High visibility location with 18,500+ vehicles per day and proximity to major automotive dealerships and Hamilton International Airport.

FOR SALE DETAILS

PRICE

$1,599,888 CAD

PRICE/SF

$432 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,030 SF

ZONING

C5

APN/PARCEL ID

251808110107390

ASK ABOUT THIS PROPERTY

Addy SaeedRe/max Gold Realty Inc., BrokerageMore Info
905-290-6777

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Addy SaeedRe/max Gold Realty Inc., BrokerageMore Info
905-290-6777

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