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$ 149,000
Est. payment /mo
New
27 Whitfield AVE #2 Hamilton, ON L8L 4B5
2 Baths
2,500 SqFt
UPDATED:
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
Province ON
County Hamilton
Area Hamilton
Zoning M5
Interior
Cooling No
Inclusions All inventory + All Chatels
Exterior
Parking Features Outside/Surface
Community Features Major Highway
Utilities Available Available
Building
Lot Description Unit
Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.