1548 King Street
Hamilton, L8K 1S9
FOR SALE
$879,000

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Commercial Retail
CATEGORY1,374 Sq Ft
OFFICE/APT AREAX12787452
MLSIDContact Us
Property 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.
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Property Details
Address
1548 King Street
Community
City
Postal Code
L8K 1S9
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C2
Lot Size
40' x 99'
Office Area
1,374 Sq Ft
Retail Area
1,374 Sq Ft
Taxes
$11,075 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Double Detached
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Listing contracted with Re/Max Real Estate Centre Inc.
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