2 Bathroom
2,740 ft2
Fully Air Conditioned
Forced Air
$879,000
Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,075/month. The basement is currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset. (id:50976)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
|
MLS® Number
|
X12787452 |
|
Property Type
|
Retail |
|
Community Name
|
Delta |
Building
|
Bathroom Total
|
2 |
|
Appliances
|
Dryer, Garage Door Opener, Hood Fan, Water Heater, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
2740 Sqft |
|
Size Interior
|
2,740 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
99 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
Bldg=40 X 99 Ft |
|
Size Total Text
|
Bldg=40 X 99 Ft |
|
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/29359375/1548-king-street-e-hamilton-delta-delta
