21 Wellington N Street, Hamilton, ON L8R 1M7

  • $4,299,000
21 Wellington N Street, Hamilton, ON L8R 1M7
Active For Sale
21 Wellington N Street, Hamilton, ON L8R 1M7
21 Wellington N Street, Hamilton, ON L8R 1M7
  • $4,299,000

Overview

Property ID: HZX9343255
  • Investment, Commercial Sale
  • Property Type
  • 13916
  • Sqft

Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!

  • Address 21 Wellington N Street
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8R 1M7

Details

Updated on September 11, 2024 at 3:17 pm
  • Property ID: HZX9343255
  • Price: $4,299,000
  • Property Size: 13916 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: Partial
  • County: Hamilton
  • Property Type: Commercial Sale

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