ON
Hamilton (Delta)
L8K1S9
1548 King E Street
1548 King E Street, Hamilton (Delta), ON L8K1S9
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$879,000

Home Details for 1548 King E Street

Price
$879,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
2.0
Square feet
NaN
Parking
Days on site
12
Listing #
X12787452
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. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
Listing Courtesy: RE/MAX REAL ESTATE CENTRE INC.
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
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Office
647 618 3158
Agent
647 618 3158
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