$ 4,299,000
21 WELLINGTON STREET N Hamilton (beasley), ON L8R1M7
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$ 4,299,000
Est. payment | /mo
13,916 SqFt
$ 4,299,000
Est. payment | /mo
13,916 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 13,916 sqft
Price per Sqft $308
Subdivision Beasley
MLS® Listing ID X9343316
Originating Board Toronto Regional Real Estate Board
Property Description
Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub! (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Garage No
View Y/N No
Total Parking Spaces 40
Private Pool No
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA