$824,900

647 King Street E

Hamilton ON, L8N 1E5

Description

Excellent Value-add opportunity in the city's core. The property is currently vacant and ready for construction consisting of approximately 3500 square feet of main floor commercial space and 3500 square feet of second and third-level residential. In place zoning recognizes 4 residential units upstairs. The TOC1 zoning allows for a variety of main floor uses including the possibility for additional residential density. Possibility to reduce retail square footage by demolishing the back addition and adding 8+ parking stalls. Property is also located across Hamilton major urban transit route and large swath of METROLINX owned land. See values soar if Hamilton's Light Rail Transit is approved. Property suffered fire damage on upper levels and needs extensive work. Listing agent to accompany all tours.

Details

MLS#H4105419
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site7

Features

SQ Feet7,000
Story(s)1
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Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8N 1E5
AreaHamilton
Listing VS Median (in L8N 1E5)
Price:
$824,900
low | high
Med:
$824,900
50% of Average
SqFt:
7,000
low | high
Med:
7,000
50% of Average
$ / SqFt:
$118
low | high
Med:
$118
50% of Average
On Site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: May 9, 2021 8:02:16 PM PDT
Adrian Mekli LogoMLS Number: H4105419
Listing Provided By:
Adrian Mekli  of  Ambitious Realty Advisors Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.