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Last Updated : 841 Days ago
75 Hempstead Dr, Hamilton, Ontario, Hannon

75 Hempstead Dr, Hamilton MLS Number: X8247062

Hannon, Hamilton, ON, L8W 2Y6

$8,979,900

Status: OFF MARKET

  • Property Type: Commercial (Industrial)
  • Property Taxes : $108050.00 (Tax Year:2023)
  • Listing Courtesy : Realty Network

75 Hempstead Dr Property Description

This 35,296-square-foot industrial building has a Net Operating Income of over $430,000/year and built-in annual escalations that average 4.7% per year. Located within the Red Hill Business Park in the city of Hamilton, this convenient location is only 2 minutes from the Lincoln Alexander Parkway and 3 minutes from the Red Hill Valley Parkway. The property is fully occupied by three tenants, with triple net leases, at market rates, with escalations in place. The building features 2 loading docks, 6 drive-in-doors, clear heights of 17 ft. 8 inches, and plenty of parking. The property is zoned M3 - Prestige Business Park which is ideal for manufacturing, industrial, production, services, warehouse, and the like. A clean phase one environmental site assessment from Pinchin Ltd. is available upon accepted offer. For further details please request access to the Data Room which includes floor plans, a Profit and Loss Statement, and more!

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75 Hempstead Dr Property Facts

Property Type :Commercial
MLS Number :X8247062
Listing Type :Sale
Possession Date :
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Last Updated :18 Apr, 2024 (841 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8W 2Y6
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75 Hempstead Dr Property Price & Tax Insights

Price : $8,979,900
Property Taxes :$108050.00
Tax Year :2023

75 Hempstead Dr, Hamilton Property Details

Cross Street :Linc To Dartnall Rd, West On Stone Church Rd E, South On Nebo Rd, West On Hempstead

75 Hempstead Dr, Hamilton - Price History

2024-04

18 Apr, 2024

TREB #X8247062

Available

$8979900.0

75 Hempstead Dr - Location Map and Landmarks

  • Juravinski  and Cancer Centre, Hamilton 4.91 km
  • St. Peter's, Hamilton 5.35 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 6.12 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 6.38 km
  • McMaster University Medical Centre, Hamilton 7.28 km
  • Hamilton General, Hamilton 7.41 km
  • McMaster Children's, Hamilton 9.45 km
  • Joseph Brant, Halton 13.75 km
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