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$839,000
Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000
Square Footage 2,000 sqft
Price per Sqft $419
Subdivision Beasley
MLS® Listing ID X13565112
Appx SqFt 2000
Property Description
An exceptional opportunity to acquire a fully tenanted mixed-use investment property in the heart of downtown Hamilton's rapidly revitalizing International Village. This classic, low-maintenance building features a leased street-front commercial retail unit and two leased residential apartments above, providing three established income streams, immediate cash flow, and long-term investment stability.The recently renovated commercial space offers soaring ceilings, exposed brick, abundant natural light, and an open-concept layout with exceptional visibility along the bustling King Street East corridor. The two upper residential apartments feature bright open-concept living areas with large windows, kitchens complete with stainless steel appliances, and access to shared on-site laundry. The building's common areas have been renovated, and one apartment has been fully renovated, enhancing tenant appeal and long-term value.Ideally positioned in one of Hamilton's fastest-growing downtown neighbourhoods, the property benefits from excellent transit access, major bus routes, dedicated bike lanes, and is within walking distance of restaurants, cafés, shopping, parks, City Hall, and the Hamilton Central Business District. Surrounded by ongoing residential and commercial development, this turnkey asset is well positioned for continued appreciation.Whether you're expanding an established portfolio or seeking a stable, income-producing investment, 183 King Street East offers diversified revenue, quality updates throughout, and outstanding long-term growth potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://www.instagram.com/reel/DbeCV13hNqX/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Nearby School & Business
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