ID 780617

323-327 KING Street E, Hamilton, Ontario L8N 1C1

323-327 KING Street E, Hamilton, Ontario L8N 1C1

$1,999,000.00

Huge price reduction - priced to move! Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of DCs and Parkland 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 ... read more

Huge price reduction - priced to move! Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of DCs and Parkland 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:25417)

  • Listing ID: 40660541
  • Property Type: Vacant Land
Property
Ownership: Freehold
Lot Size: Under 1/2 Acre
Building
HVAC: Fireplace
Basement: None
Utilities: Sanitary Sewer
Location
City: Hamilton
Province: Ontario
Nearby Amenities: High Traffic Area and Public Transit

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323-327 KING Street E, Hamilton, Ontario L8N 1C1
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This property, located on KING Street East in Hamilton Ontario, was published on October 10th, 2024. See if this land suits your needs, or speak with an agent about subscribing to similar land. At MoveMeTo.com, we make finding land for sale in Hamilton convenient.