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144 Wilson St E 6,398 SF 100% Leased Office Building Ancaster, ON L9G 2B7 $2,184,411 USD ($341.42 USD/SF) 5.62% Cap Rate



Investment Highlights
- Prime Location
- Turnkey Property
- Investment Property
Executive Summary
This exceptional turnkey property spans over 10,000 SQFT of versatile space, currently leased to long term medical practicioners generating a base rental income in year 1 of $163,000/year, plus T.M.I. with annual escalations to $184,000 in year 5. Set on a prestigious 196 ft x 296 ft pie-shaped lot adjacent to the renowned Hamilton Golf & Country Club in the village of Ancaster this property offers unparalleled visibility and appeal. Zoned C3-674 General Commercial, it provides a broad range of potential uses to suit various business needs. This rare opportunity combines an ideal location, premium tenancy, and zoning flexibility, making it an incredibly attractive and stable investment for the discerning buyer. This unique property is ideal for any investor or potential end user when lease expires in October of 2030. Please note that the interior photos do not reflect recent improvements to office and medical use.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,398 SF
Building Class
B
Year Built
1996
Price
$2,184,411 USD
Price Per SF
$341.42 USD
Cap Rate
5.62%
NOI
$122,736 USD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,199 SF
Zoning
C-3-674
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144 Wilson St E
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