Active
323-327 King Street E
Hamilton ON, L8N 1C1
$2,299,000
$224.47 per sqft
Active
10,242 sqft
Commercial
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!
40625492
MLSⓇ ID
July 25, 2024
Listed
August 23, 2024
Updated
Map
323-327 King Street E
Hamilton ON, L8N 1C1
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Lot Features
City Lot, High Traffic Area, Public Parking, Public Transit, Visual Exposure
Sewer
Sanitary
Other Property Details
Area Name
14 - Hamilton Centre
Taxes
$21,238
Tax Frequency
Annually
Garage
No
View
No
County
Hamilton
Water Source
Municipal-Metered
Pool
No
Zoning
D2 - Downtown Mixed Use - Pedestrian Focus