Exceptional investment opportunity featuring a turnkey 6-bay self-serve car wash on high traffic Rymal Rd W, just off Upper James St. Surrounded by major automotive dealerships and national retailers, this property offers excellent exposure with 18,500+ vehicles passing daily. Extensive upgrades completed in 20232024 include full asphalt resurfacing, new car wash system with Tap & Wash cashless payments, updated vacuums, compressors, lighting, electrical, and a state-of-the-art 12-camera security system. Environmental remediation completed, ensuring long-term value and reduced future maintenance. Property includes stable lease income from a telecom cell tower (20162026) with 2 x 10-year options and a dog grooming tenant (20222027). Ideal for investors or owner-operators seeking passive income and long-term growth potential. Located minutes from Hamilton International Airport in a rapidly developing commercial corridor. Zoned for future redevelopment. Don't hesitate to get in touch with the agent for the full financial details and the upgrade list. |
Price | $1,999,888 |
Taxes: | $22484.17 |
Tax Type: | Annual |
Occupancy: | Owner+T |
Address: | 41 Rymal Road West , Hamilton, L9B 1B5, Hamilton |
Postal Code: | L9B 1B5 |
Province/State: | Hamilton |
Directions/Cross Streets: | Rymal and Upper James |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | With Property |
Use: | Car Wash |
Total Area: | 3403.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Financial Statement: | F |
Chattels: | F |
Franchise: | F |
Hours Open: | 0 |
Employees #: | 0 |
Seats: | 0 |
Sprinklers: | No |
Washrooms: | 0 |
Rail: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Partial |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX GOLD REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Kennedy |
Tax: | $22,484.17 |
Fireplace: | N |