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SaleCommercial Retail

571-575 KING Street E

Hamilton, ON L8L 5N3

Price

$1,489,000

Building Size

5,544 sq ft

MLS# X14104950 | Listed by Corcoran Horizon Realty

Business Details

Property Use

Multi-Use

Commercial Space & Financials

Retail Area

50 sq ft

Office / Apt Area

50 sq ft

Taxes (Annual)

$11,553

Industrial Specifications

Lot Size

49'

Structure

Freestanding

Property Description

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside.

Price & Status History

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Location

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571-575 KING Street E, Hamilton L8L 5N3

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Listing Courtesy of: Corcoran Horizon Realty

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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