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$ 1,900,000
Est. payment /mo
Active
216-218 King ST E Hamilton, ON L8N 1B5
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $633
Subdivision Beasley
MLS Listing ID X13515502
Annual Tax Amount $22,840
Tax Year 2025
Property Sub-Type Store W Apt/Office
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.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 36.58
Lot Depth 107.0
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.