105-115 King ST E new

Hamilton,ON L8N 1A9

$ 4999999

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Beasley

MLS Listing ID X12330856

Annual Tax Amount $64,022

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

The property features a three-storey building with seven commercial units, offering a total leaseable area of 30,944 sq. ft. Located in the heart of Hamilton, the Site boasts excellent exposure and visibility along King Street East. Additionally, the Site benefits from convenient on-street parking along its frontage and ample parking options nearby. The Sites zoning permits a range of uses, including financial establishments, hotels, medical clinics, offices, restaurants, and retail spaces. Residential uses above the ground floor are also permitted. The Property is 82% vacant including the entire second and third floor (third floor to be vacant end of Q4 2025), presenting a unique opportunity for end users to occupy part of the building while benefiting from rental income. The Site is just a 7-minute walk from Hamilton GO Centre Station, providing rapid transit via the Lakeshore West Line and GO buses, enhancing connectivity to surrounding cities. It is also surrounded by significant institutions such as Hamilton City Hall, McMaster University Program for Faculty Development, and St. Josephs Healthcare Hamilton, which enhances its appeal for various business operations.

Location

Province ON

County Hamilton

Community Beasley

Area Hamilton

Zoning D2

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 82.89

Lot Depth 137.79

Others

Security Features Yes

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