Retail space for Sale — Hamilton
Overview
Description
Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside. Listing courtesy of Corcoran Horizon Realty.
Property details
- Property type
- Retail
- Square footage
- 5,544 sq ft
Feature sheet
- Municipality
- Hamilton
- Community
- Landsdale
- Apt/Unit
- Not provided
- Property Type
- Commercial Retail
- Category
- Multi-Use
- Use
- Not provided
- Total Area
- 5,544 sq ft
- Lot Size
- Not provided
- Lot Code
- Lot
- Office Apt Area
- 50%
- Industrial Area
- Not provided
- Truck Level Door No
- Not provided
- Drive-In Level Door No
- Not provided
- Grade Level Door No
- Not provided
- Clear Height
- Not provided
- Amps
- Not provided
- Volts
- Not provided
- A/C
- Partial
- Heating Type
- Gas Forced Air Closed
- Sprinklers
- Not provided
- Zoning
- Not provided
- List
- $1,489,000
- Price Code
- Asking price
- Taxes
- $11,553
- Tax Type
- Annual
- Tax Year
- 2025
- Occupancy
- Not provided
- Possession Type
- Flexible
- Possession Remarks
- Flexible