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$1,599,999
Available - For Sale
Listing ID: X12364989
Welcome to 265 Ottawa Street North, a rare investment opportunity in the heart of Hamilton's iconic Ottawa Street Business Improvement Area. Known as the city's Destination for Inspiration, Ottawa Street North is home to a vibrant mix of shops, antiques, home décor, restaurants, and services, supported by strong daily foot traffic and active BIA promotions. This property offers approximately 10,000 sq. ft. of flexible commercial space, ideal for subdivision into multiple retail bays, professional offices, or a hybrid mix of tenants. With wide storefront glazing, excellent signage potential, and strong curb appeal, it is perfectly positioned to attract a diverse range of occupants. Located steps from The Centre on Barton, a 700,000+ sq. ft. power center anchored by national retailers, the property benefits from a steady stream of both local shoppers and regional visitors. Investors will appreciate the value-add potential through re-tenanting and repositioning, while enjoying a projected cap rate of ~7.5%, significantly above the Hamilton retail market average of 6.3%. This combination of location, flexibility, and yield makes 265 Ottawa Street North one of the only opportunities on the market today to secure such strong returns in a proven, high-demand corridor. Whether envisioned as multiple stores, multiple offices, or a long-term anchor space, this property offers stability, upside, and long-term appreciation.
Price $1,599,999
Taxes: $19,500
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 265 Ottawa Stre North , Hamilton, L8H 3Z8, Hamilton
Postal Code: L8H 3Z8
Province/State: Hamilton
Legal Description: PT LTS 191 & 193, PL 463 , AS IN CD17664
Directions/Cross Streets: Campbell Ave & Ottawa St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 7,104.17
Total Area Code:  Square Feet
Office/Appartment Area: 660
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Approximatly Age: 51-99
Chattels: F
Maintenance: 0
Sprinklers: No
Truck Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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265 Ottawa Stre North , Hamilton, L8H 3Z8, Hamilton


 
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Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Crown Point
Style:
Lot Size: x 118.00(Feet)
Approximate Age: 51-99
Tax: $19,500
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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