Rare opportunity to own a lucrative automotive service garage with a long-term absolute net lease in place. Boasting an attractive cap rate and a corporate guarantee from an established automotive service tenant, this property provides a secure and profitable investment. Located in a high-traffic area surrounded by homes and businesses, this is an excellent opportunity for savvy investors looking to expand their portfolio. Purchaser to verify all information and complete their own due diligence. Property is being sold on an "as-is, where-is" basis. Access to data room provided upon signing CA.
MLS# | H4200940 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 103 |
Listing Provided By | Colliers Macaulay Nicolls Inc. | Douglas Murray |
SQ Feet | 4,067 |
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Units | 1 |
Zoning | TOC1 |
Water Front | Yes |
Province | ON |
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Region | Hamilton |
City | Hamilton |
Postal Code | L8N 2Y3 |
Area | Landsdale |
Community Name | Landsdale |
Listing VS Median (in Landsdale) | |
Price: $1,614,658 low | high Med: $599,900 SqFt: 4,067 low | high Med: 1,708 $ / SqFt: $397 low | high Med: $387 On Site: 103 low | high Med: 120.500000 |