$1,049,900 FOR SALE

Commercial/Retail

Lot: 29.13 x 100.56 ftTotal Area: 3,826 ft2
2024 Taxes: $3,246.19

807-809 King St E
Hamilton, ON L8M 1A8 | Gibson

GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT+3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THE THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING. YEARLY INCOME $58681.2, TENANT PAYS HYDRO, AND GAS. SELLER PAYS TAXES AND INSURANCE ONLY. POSSIBILITY TO STAY IN ONE UNIT AND RUN YOUR OWN BUSINESS. RETAIL STORE HAS ITS OWN KITCHENAID&2, 2 PIECES WASHROOM, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, WON'T LAST LONG. THE PROPERTY IS FEW STEPS FROM PROPOSED LRT STOP.

Extras
LOCATED IN DOWNTOWN THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS 4 SAVVY INVESTOR

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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9383342
Last Updated Oct 06, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
Legal Description PT LTS 49,50&51,PL396;PT ALLEYWAY,HAMILTON
Occupancy Tenant
Possession Date TBD
Taxes (2024) $3,246.19
Tax Type Annual
Directions/Cross Streets KING ST E & FAIRLEIGH AVE N
Neighbourhood Gibson
Area Hamilton
Price History
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Detailed Information
Freestanding N
Bathrooms 4
Lot 29.13 x 100.56 ft
Lot Irregularities 100.56X29.13X26.05X.5FTX69.85FTX29.48FT
Retail Area 1,750 ft2
Office/Apt Area 2,076 ft2
Total Area 3,826 ft2
Approximate Age 6-15
Elevator None
Air Conditioning Y
Basement Y
Garage Type None
Parking Spaces 3
Heat Type Gas Forced Air Open
Sprinklers N
Sewers Sanitary
Utilities A
Water Municipal
Lot/Bldg/Unit Code Building
Zoning T0C3
Seller Property Info Statement N

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