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216-218 KING Street E, Hamilton

· 3000 sqft

$1,800,000

Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.

General Info


MLS Listing ID: 40844755 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Other Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: Freehold Parking Space Total: 0
Parking: N/A Heating: N/A Size: 3000 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: Unknown Basement: Partial
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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