Contact JDL Realty Inc., Brokerage on WeChat

Forgot password Extend Verify Contact
Main Photo: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
Photo 1: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
Photo 2: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
Photo 3: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
Photo 4: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13147504
Bus Major:
Automotive Related
Multi-Income Commercial Investment | Car Wash + 3 Passive Leases Rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a C5-zoned site in Hamilton's most active automotive corridor - generating $125,845 in gross annual revenue from four independent sources, with $473,000+ in documented capital improvements completed in 2023-2024.Income streams: Car wash operations (CPA-confirmed, 2025), dog grooming tenancy to 2027, Freedom Mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with EYE CANDY ADS. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6,324 sq. ft.). All-new 6-bay car wash equipment under warranty. Tap & Wash cashless payment system installed across all bays - subscription membership model ready to launch with zero additional infrastructure cost. 12-camera HD security system. Remote monitoring app included. Proforma path to 6.9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres - the income keeps the asset cash-flowing while long-term options are evaluated.18,500+ daily passing vehicles. Adjacent to Tim Hortons and Volvo Hamilton. Acura, Mercedes-Benz, BMW, Hyundai, Kia, and Nissan dealerships within minutes. 7 minutes to Hamilton International Airport. All financials sourced from 2025 CPA-compiled statements (CSRS 4200). Buyers to conduct independent due diligence.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3403 sq. ft. Square Feet
Total Area:
3,403 sq. ft.
Retail Area:
834 sq. ft. Sq Ft
Industrial Area:
2569 sq. ft. Sq Ft
Office/Apt Area:
834 sq. ft. Sq Ft
Lot Depth:
184'10"
Lot Frontage:
60'1½"
Water supply:
Municipal
Zoning:
C5
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$22,484.17 / 2025
Assessment:
$- / -
Hamilton
Hamilton
Kennedy
Major Highway, Public Transit
No
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Automotive Related
Category:
Multi-Use
Franchise:
No
Hours Open:
0
Employees:
0
Chattels:
No
LLBO:
No
Seats:
0
Date Listed:
May 20, 2026
Original Price:
Previous Price:
  • Photo 1: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
    Photo 1 of 4
  • Photo 2: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
    Photo 2 of 4
  • Photo 3: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
    Photo 3 of 4
  • Photo 4: 41 Rymal Road W in Hamilton: Kennedy Commercial for sale : MLS®# X13147504
    Photo 4 of 4
Listed by RE/MAX GOLD REALTY INC.
Data was last updated May 20, 2026 at 08:15 PM (UTC)
powered by myRealPage.com