1548 KING STREET E

  • 2 hours ago
RetailOntarioHamilton (Delta)L8K1S91548 King Street, Hamilton (Delta), Ontario, Canada, L8K1S9

1548 King Street, Hamilton (Delta), Ontario, Canada, L8K1S9

1548 King Street, Hamilton (Delta), Ontario, Canada, L8K1S9

Basics

  • Date added: Added 2 hours ago
  • Category:
  • Bathrooms: 2
  • Area: 2740 sq ft
  • Lot size: 0 sq ft
  • SubdivisionName: Delta
  • ListOfficeName: RE/MAX REAL ESTATE CENTRE INC.
  • MLS ID: X12787452

Description

  • Description:

    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:62692)

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Building Details

  • Heating: Forced air

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: Yes
  • Cooling: Fully air conditioned
  • Total Fireplaces: 0

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