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List Type: Investments   ID: 451

Address: 117 KING STREET EAST
City: Hamilton   Lot Size: 18 X 137.79 IRREG (IMPERIAL)

Posession: Immediate   Appointments: LB
Taxes: $6,500   For Year: 2008
Description: Fabulous opportunity to finish renovation and capitalize on this fine commercial/residential property located directly across a new proposed Royal Conough Hotel/Condo development oand Crowne Plaza Hotel. First level commercial, already renovated approx. 3,000 SF. The rest is gutted, approx. 4,500 SF and designed for 5 residential units ranging from 500 to 1,300 SF. All separate utilities to be set-up. Estimated net income of $68,699 after allocations for vacancies

Offered: Building and land
Bus.Name: N/A
Bus.Type: Other      
KeyEmployees: Not Availa   Nature Of Sale: Assets
Hours M-F,Sat., Sun.: N/A  
Capacity:   Retail Area:
Reason for Sale:
Years Operated:   Monthly Sales: Not Available
Requirement Under the Buss. Brokers act: Profit and Loss, Assets and Liabilities and List of Chattels Not Included
Leasehold: Lease   Exp. of Lease:
Renewal Option:   TypeOfLease Gross
Base Rent:   Add Rent:
Mortgage: Purchaser to arrange financing  

Construction: Other Stories: 3
Heating: Forced Air   Fuel: Gas (Natural)
Influences: High-Traffic Location     Near Public Transport.
  Highway Access     Visual Exposure
  Airport Nearby      
Parking:   Parking Type: Other

 

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