323-327 King Street, Hamilton, ON, L8N 1C1
Fantastic construction-ready residential conversion! Permits are filed and set to be issued pending 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!
- Property Address: 323-327 King Street, Hamilton, ON, L8N 1C1
- Property Type: Commercial Sale
- Zoning Description: D2 - Downtown Mixed Use - Pede
- Sewage Type: Sanitary
- Water Type: Municipal-Metered
- Waterfront Type: false
- Maintenance Fee: 0.00
- Storeys: 3
- Basement Type: Walk-Up Access, Full, Unfinished
- Cooling: Ductless
- Exterior Type: Brick, Stucco
- Flooring: Hardwood
- Foundation Type: Hardwood
- Structures: Investment
- City Lot
- High Traffic Area
- Public Parking
- Public Transit
- Visual Exposure
Listing Office: Sotheby's International Realty Canada, Brokerage
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