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$ 149,000
Est. payment | /mo
2 Baths
2,500 SqFt
$ 149,000
Est. payment | /mo
2 Baths
2,500 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $59
Subdivision Industrial Sector
MLS Listing ID X13657922
Annual Tax Amount $8,015
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Rare opportunity to own a well-established automotive business with a strong reputation in the Hamilton location. The buyer will have the chance to take over all existing clients and all shop equipment. Zoning: M5 Zone permits Motor Vehicle Repair (current use), Motor Vehicle Body Repair & Painting, auto parts retail, Dealer, Savage yard. The premises consist of approximately 2,464 sq ft shop, and a large additional lot is fully set up for general automotive repair and maintenance, allowing for a smooth transition for the next operator. Turnkey operation with existing lease in place. Current lease term runs until January 31, 2030, plus three years, providing long-term stability. Competitive rent structure with scheduled increases over the term. Tenant is responsible for utilities including hydro and gas, along with a proportionate share of additional operating costs; utilities 50% of the total. Rent including TMI and HST: $ 7900. The property also features a large additional lot with parking for approximately 95 Vehicles, including the rent.
Location
State ON
County Hamilton
Area Hamilton
Interior
Heating Yes
Cooling No
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 180.0
Lot Depth 165.0
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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