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

 

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