$5,300,000
Status: For Sale
A 24-unit mixed-use (retail/apartment) building located in Hamilton, Ontario. The Property comprises 15, 2-bedroom and 1, 3-bedroom apartment suits and 8 ground floor retail units spanning 950 to 1,100 SF in size. In addition to leasing 87.5% of the residential units at market rates, the Vendor has undergone extensive renovations to the property since 2019, including updates to the picturesque facade, replacing residential windows, commercial doors and glass doors. Total retail area of 9,270 SF. The Property generates $410,951 in annual net operating income.
| Price | :$5,300,000 |
| Property Taxes | :$30339.00 |
| Tax Year | :2023 |
| Cross Street | :Emerald And King St E |
08 Apr, 2024
TREB #X8212402
Available
$5300000.0
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463-477 King St E is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 463-477 King St E with a highly strategic location at the L8N 1C7 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
463-477 King St E offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8212410 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 30339.00 and an attractive 5,300,000 while getting several vibrant Landsdale benefits at the same time.
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