This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
7
Lot
66 x 93.67 ft
Listing Contract Date
2025-03-05
Location Description
King st and Locke
# of Parking Spaces
5
Property Type
Retail
Transaction Type
For sale
Building
Amenities
Separate Electricity Meters
Basement Development
Partially finished
Basement Type
N/A (Partially finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Block, Poured Concrete, Unknown
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
66 x 93.67 FT
Sewer
Sanitary sewer
Size of Irregular Land
66 x 93.67 FT
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