323-327 KING St E

Hamilton, L8N1C1
For Sale
$1,999,000
323-327 KING St E, Hamilton
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
323-327 KING St E
With Property
CATEGORY
10,242 Sq Ft
TOTAL AREA
X10403956
MLSID
Contact Us
Property Description
Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn't your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity!
Property Details
Category
With Property
Zoning
D2 - Downtown Mixed Use - Pedestrian Foc
Total Area
10,242 Sq Ft
Office/Apartment Area
6,094
Retail Area
4,148
Lot Size
40' x 103'
Taxes
$23,921 (2024)
Listing contracted with Sotheby's International Realty Canada, Brokerage
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