737 BARTON Street E, Hamilton, Ontario, L8L 3A9

$2,595,000

MLS® # 40769483

Commercial For Sale In Stipeley, Hamilton, Ontario

$2,595,000

Property Information:

ATTENTION INVESTORS! Here's an Opportunity to add a prominent Family Restaurant / Sports Bar Lounge / Boarding Room Rentals to your Investment Portfolio with an 8.5% CAP! This solid brick, 2 story building consists of a Restaurant & Sports Bar with loads of seating, outdoor patio, 18 updated boarding rooms for short term rentals and a large parking lot. Over $1M spent on renovations from 2018 to 2023. Located in close proximity to the Centre on Barton Shopping Mall, Historic Ottawa Street Shopping District, and short walking distance to Tim Hortons Field make this the ultimate gathering place after a day of shopping, concerts & Sporting Events. Excellent investment opportunity you don't want to miss!!! (id:7525)

Building Features:

  • Basement Type: Full
  • Floor Space: 8700 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Amenities Nearby: Public Transit
  • Features: Visual exposure, Paved driveway
  • Floor Space (approx): 8700 Square Feet
  • Lot Frontage: 100.0 Feet
  • Zoning: C2
  • Sewer: Municipal sewage system

Neighbourhood Notes:

Agreements with the Hamilton Tiger Cats and Forge FC Soccer Club maintain strong restaurant and bar sales. The short term room rentals have a nearly 0% vacancy rent which provides an attractive 8.5% CAP rate.

Courtesy of: Royal LePage Macro Realty

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