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Listed by Miomir Milesevic • RE/MAX Aboutowne Realty Corp.
$ 2,599,999
Est. payment /mo
Active Under Contract
125 Gailmont Drive Hamilton, ON L8K 4B8
9,746 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,746 sqft
Price per Sqft $266
MLS Listing ID 40825665
Abv Grd Liv Area 9,746
Annual Tax Amount $33,813
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Building and Land
Source Cornerstone
Property Description
Rare Investment Opportunity - Established Mixed-Use Retail Plaza in Hamilton's East End. A rare opportunity to acquire a highly visible, established mixed-use retail plaza in prime East Hamilton. Situated on a high-traffic arterial road with outstanding visibility, just one minute from the Red Hill Valley Parkway and directly on a major bus route, this property offers extreme retail exposure and unbeatable convenience for commuters and local shoppers alike. The plaza features 20+ on-site parking spaces plus ample free street parking. With main floor and lower-level units occupied primarily by long-term, solid tenants and nearly fully leased, the asset delivers stable, immediate cash flow from day one.Strong Upside Potential: Take advantage of Hamilton's ongoing growth with opportunities to expand the existing footprint or redevelop in height. Whether you're an investor seeking value-add or a developer looking for intensification, this is a compelling opportunity.
Location
Province ON
County Hamilton
Area 28 - Hamilton East
Zoning C2
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 110.25
Lot Depth 131.0
Garage No
Building
Lot Description Ample Parking, High Traffic Area, Highway Access, Public Transit, Schools, Visual Exposure
Sewer Sewer (Municipal)
Water None
New Construction No
Others
Senior Community No
Tax ID 172800077
Ownership Freehold/None
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