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244 Hamilton St

2,145 SF 100% Leased Flex Building Neepawa, MB R0J 1H0 $440,000 CAD ($205 CAD/SF)

Investment Highlights

  • Nearby grocery stores and many other retail businesses
  • 70 ft. (+/-) west of lighted intersection at Mountain Avenue and Hamilton Street
  • Ample parking

Executive Summary

Nestled at 244 Hamilton Street, this property presents a captivating blend of mixed-use retail and multi-family space, promising a versatile investment opportunity. Spanning approximately 3,049 square feet of land (0.07 acres) and featuring a two-storey building with a floor plate of about 2,145 square feet, its exact year of construction remains unknown, yet renovations in 1993, as per Neepawa assessment records, ensure modern functionality. Currently, the main floor hosts the esteemed World Financial Group Insurance Agency of Canada, while the second floor boasts four residential units, ensuring a diversified income stream. This setup offers an ideal investment opportunity, capitalizing on the stability of a commercial tenant on the main floor and the consistent demand for residential space on the second floor. The property benefits from its proximity to nearby retail and grocery stores, enhancing its attractiveness to potential tenants and customers alike. Moreover, its strategic location just 70 feet west of a lighted intersection at Mountain Avenue and Hamilton Street further enhances its visibility and accessibility.

Property Facts

Price $440,000 CAD
Price Per SF $205 CAD
Sale Type Investment
Property Type Flex
Building Class B
Lot Size 0.07 AC
Rentable Building Area 2,145 SF
No. Stories 2
Year Built 1993
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code CC (Commercial Centre)
CC (Commercial Centre)
  • Listing ID: 30044307

  • Date on Market: 2023-11-13

  • Last Updated:

  • Address: 244 Hamilton St, Neepawa, MB R0J 1H0

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