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SALE PRICE$1,900,000.00 / For Sale

216-218 King Street E, Hamilton, ON L8N 1B5

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About This Property

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.

Building & Size

Building Area: 3000 Square Feet
Office / Apt Area: 1200 Sq Ft
Retail Area: 1600
Property Sub-Type: Store W Apt/Office
Property Use: Store With Apt/Office
Freestanding: Yes

Location

Cross Street: Walnut Street S
Entry Direction: Between Walnut Street S & Ferguson Avenue S on King Street E.
City: Hamilton
Neighbourhood: Beasley
County / Region: Hamilton
Province: ON
Postal Code: L8N 1B5
Country: CA