1455 King St E
Hamilton, L8K1S6
For Sale
$5,300,000
➧
➧
Retail
CATEGORY5,951 Sq Metres
TOTAL AREAX8280784
MLSIDContact Us
Property Description
Excellent High Traffic Corner Gas bar With 3 Bay Garage, Gastation With 2x25000 Lit & 1x75000 Lit Tanks, 4 Pumps With 8 Gasoline Nasals and 2 Diesel Nasals Privately Run. All The Buildings and Gestation Were Rebuilt In 2017. Don't Miss Out On One Of Hamilton's Best Corners.
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Property Details
Category
Retail
Usage
Other
Zoning
C2
Total Area
5,951 Sq Metres
Retail Area
1,067 Sq Metres
Lot Size
177' x 205'
Taxes
$31,000 (2023)
Air Conditioning
Yes
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Listing contracted with Re/Max Crossroads Realty Inc.
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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.
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A 24-unit mixed-use (retail/apartment) building located in Hamilton, Ontario. The Property comprises 15, 2-bedroom and 1, 3-bedroom apartment suites and 8 ground floor retail units spanning 950 to 1,100 SF in size. In addition to leasing 85.5% 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 windows. Total retail area of 9,270 SF. The Property generates $410,951 in annual net operating income.
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