35
  • X9390970
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 10242 Sqft
  • Area Size

323 King E Street, Hamilton, ON L8N 1C1

  • $1,999,000

Description

Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of fees! If you’re looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn’t your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don’t miss this remarkable opportunity!

Details

MLS® Number X9390970
Property Size 10242 Sqft
Updated on October 10, 2024 at 4:43 pm

Additional details

  • Utilities: Yes
  • Sewer: Sanitary
  • Cooling: Yes
  • County: Hamilton
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address: 323 King E Street
  • City: Hamilton
  • State/county: ON
  • Zip/Postal Code: L8N 1C1
  • Country: CA

Contact Information

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