$1,999,000
 $10,731 forsale estimated payment Sourced by Back At You

323 King Street E , Hamilton (Beasley), ON L8N1C1

Hamilton (Beasley), ON L8N1C1

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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! (id:13843)

Details

MlsX9390970
Listing TypeFor Sale
StyleAttachd
StatusActive
Days On Site35
Listing Provided BySOTHEBY'S INTERNATIONAL REALTY CANADA | MARTINUS DOMINICUS GELEYNSE

Features

Sq Feet10,242
ZoningD2 - Downtown Mixed Use - Ped. F
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

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Listings Checked: 6 minutes ago
StateON
CityHamilton (Beasley)
Zip CodeL8N1C1
Listing VS Median (in L8N1C1)
Price:
$1,999,000
low | high
Med:
$999,510
99.999499749875% of Average
SqFt:
10,242
low | high
Med:
5,613
95.201132591291% of Average
$ / SqFt:
$195
low | high
Med:
$98
99.994787831352% of Average
On Site:
35
low | high
Med:
227.500000
15.384615384615% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
12 FERGUSON Avenue N Property Photo 1
$0
12 Ferguson Avenue N
Hamilton, ON L8R1K9
Listing Updated: October 19, 2024 at 5:52:34 AM PDT