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Hamilton, ON L8P 1A9
Price
$749,000
Building Size
1,700 sq ft
MLS# X13854734 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Business Details
Property Use
Store With Apt/Office
Commercial Space & Financials
Retail Area
600 sq ft
Office / Apt Area
1,100 sq ft
Taxes (Annual)
$7,225
Industrial Specifications
Lot Size
13' × 128'
Structure
Freestanding
Property Description
The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price.
Price & Status History
Price history is locked
Location
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232 King Street W, Hamilton L8P 1A9
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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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