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246 Ottawa St

$999,000

246 Ottawa Street North, Hamilton, ON L8H 3Z7, Canada

Active
Last Updated: 10/14/2026

7.5

Cap Rate

104,000

NOI

Details:
Cap Rate:    7.5%
NOI:    $104,000
Building Size:    2,016 sqft
Lot Area:    2,895 acres
Occupancy:    100%
Units:    1
Zoning:    C5a
Floors:    2
Parking Spots:    4
Roof:    shingles
Heating:    Gas Forced Air Closd
Cooling:    CENTRAL AIR
Description:

Exceptional mixed-use opportunity on a high-traffic Hamilton corridor steps to Centre Mall, featuring a well-established dry-cleaning business with 40+ years at the same location, strong and stable revenue, and a loyal repeat customer base; seller willing to provide training for a smooth transition. The second-floor residential unit is fully renovated with 4 spacious rooms, 2 bathrooms, and a full kitchen-ideal for an owner-occupier or additional rental income. Turnkey operation offering dual-income potential (business + residential), prime exposure, and a rare chance to acquire both real estate and a proven operating business with immediate cash flow and upside potential.**Please do not go direct or speak to staff; all inquiries through listing brokerage.**

Map:
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