216-218 King Street E
Hamilton, ON L8N 1B5
Price
$1,900,000
Building Size
3,000 sq ft
MLS# X13515502 | Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.
Business Details
Property Use
Store With Apt/Office
Commercial Space & Financials
Retail Area
1,600 sq ft
Office / Apt Area
1,200 sq ft
Taxes (Annual)
$22,840
Industrial Specifications
Lot Size
36.58' × 107'
Structure
Freestanding
Property Description
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.
Price & Status History
Price history is locked
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Listing Courtesy of: RE/MAX ESCARPMENT GOLFI REALTY INC.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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