For Sale

525 MOHAWK Road, Hamilton, Ontario L8V2J5

$2,200,000

525 MOHAWK Road, Hamilton, Ontario L8V2J5 is For Sale and has a listing price of 2,200,000. The property is located in the Thorner neighbourhood. It's been on the website for 66 Days.

  • Retail
    Property Type
  • 15
    Parking Spaces
  • MLS ID: 40680839
  • Office Name RE/MAX Escarpment Golfi Realty Inc.
Property Description

Prime Investment Opportunity! This corner plaza offers everything an investor could dream of: a thriving location, consistent income, and future growth potential. Nestled at a high-traffic intersection, the property enjoys unbeatable visibility and access, attracting a steady flow of customers to its businesses. All four units are fully rented, occupied by reliable, long-term tenants under active leases, ensuring hassle-free, income-producing ownership from day one. Additionally, the on-site billboard provides a diversified income stream, boosting overall earnings. With modern amenities, ample parking, and convenient access for tenants and patrons, this plaza is set up for long-term success. Boasting a gross annual income of $151,778.40, it’s a turnkey investment offering excellent returns and low risk. Ideal for savvy investors looking to expand their portfolio or secure a stable, high-performing property in a thriving area, this is a rare opportunity you don’t want to miss! (id:43137)

Property Details
  • MLS ID: 40680839
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 27682434
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/25/2024 40680839 $2,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Thorner
  • $926,387 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.45 % Up
  • Sold (12mo) 3
  • Rented (12mo) 1

  • 1 Month Change +15.1%
  • 3 Month Change +63.4%
  • 6 Month Change -17.9%
Walkscore
Property Type Distribution
  • All Houses
    87.79%
  • Commercial
    9.92%
  • Condo
    2.29%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 15
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/11/2024 00:00:00
  • Zoning Hl
  • Agent Name: Rob Golfi
  • Address Subdivision: 178 - Macassa
  • Last Updated: 23/01/2025 18:27:43
Open House Dates
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