Property for sale in Hamilton. Located in the heart of a vibrant commercial corridor, 74 Ottawa Street N offers a premier mixed-use investment opportunity surrounded by a bustling array of local shops and restaurants. This recently renovated property features a marquee ground-floor retail unit secured by a fresh five-year lease to the well-known Hammerheads Fish and Chips, providing stable income with escalations. The residential portion consists of two separate apartments that can be delivered vacant on closing, offering the rare ability to set your own market rents immediately. The building includes a spacious two-bedroom unit and a one-bedroom unit, both benefiting from recent updates. Practicality meets value with three dedicated parking stalls accessible via the rear laneway. The property boasts a very attractive cap rate, making it a standout financial performer in a high-traffic area. Whether you are looking for a turnkey addition to your portfolio or a high-visibility asset with significant residential upside, this property delivers on every front.
Overview
Highway access nearby
Public transit