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$ 1,099,900
Est. payment /mo
Active
320 KING ST E Hamilton, ON L8N 1C2
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Beasley
MLS Listing ID X13107146
Annual Tax Amount $6,895
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton's historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a "Walker's Paradise" Walk Score of 98and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project.
Location
State ON
County Hamilton
Area Hamilton
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 19.62
Lot Depth 124.8
Others
Security Features No
ParcelsYN No
Listed by KELLER WILLIAMS COMPLETE REALTY
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