323 King E Street, Hamilton, ON L8N 1C1

  • $1,999,000
323 King E Street, Hamilton, ON L8N 1C1
Active For Sale
323 King E Street, Hamilton, ON L8N 1C1
323 King E Street, Hamilton, ON L8N 1C1
  • $1,999,000

Overview

Property ID: HZX9390970
  • Investment, Commercial Sale
  • Property Type
  • 10242
  • Sqft

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!

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

Details

Updated on October 10, 2024 at 4:43 pm
  • Property ID: HZX9390970
  • Price: $1,999,000
  • Property Size: 10242 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

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

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