This exceptionally modern three-story building offers both charm and functionality, with abundant natural light and versatile interior spaces. Previously hosted law offices (imagine turnkey professional space with high end finishes). Zoned D2, the property supports a variety of uses, including residential, artist studios, commercial entertainment, educational establishments, offices, retail, personal services, and veterinary services.
Located in Hamilton’s “International Village”, with lots of incentives to improve the building by the city.
MAIN FLOOR – COMMERCIAL: Renovated to the highest standards in 2016, the main floor features elegant marble flooring, a welcoming reception area, a half-wall and glass enclosure for support staff, an open layout, two private offices, a board/meeting room, an accessible restroom, and a full kitchen with direct access to a compact rear parking area.
SECOND FLOOR – COMMERCIAL: The second floor provides commercial space with two private offices, a meeting room, two support workstations, a half bath, and a kitchenette. This unit used to be residential and can be converted back if desired.
Both floors have independent access from the front and rear, with an internal glass door separating the stairs to the second floor from the main area. This setup allows for flexible use—whether integrating the two floors or using them separately for business and rental income.
THIRD FLOOR – RESIDENTIAL: one bedroom, a four-piece bath, in-suite laundry, and an open living and kitchen area.
BASEMENT: direct access from the main floor, ideal for storage and featuring a two-piece bath, utility and security room. Ceiling heigh approximately 7 ft. Is there potential to turn this into a 4th unit?
BONUS ADVERTISING: A standout feature of this property is the prominent building signage facing east, ensuring high visibility for traffic approaching Wellington on King. Think of the added value from the sign alone.
SUMMARY:
– LOCATION: Hamilton, ON (King St E & Wellington St)
– NEW REDUCED PURCHASE PRICE: $829,900 Or Best Offer. Buy It Now! First Come, First Served.
– CURRENT MARKET VALUE: High $900s
– CLOSING: September 17, 2024 (May have some flexibility. This is an assignment sale.)
– TYPE: Commercial/Res Mix
– PARKING: 1 small parking space. Lots of public and city parking.
– SQFT: 2070 approx
– LOT: 19’ x 104’
– PROPERTY TAX: $8,488 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– None! Turnkey.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Lots of renos done in 2016: new pitched roof, windows, doors, 3 furnaces, 3 A/C units, 3 hot water tanks.
– Includes 3 fridges, 2 stoves, 3 dishwashers, 1 washer, 1 dryer
– Lots of art and festivals nearby. Close to popular German grocery/restaurant (Denningers) and Theatre Aquairius
– Located in the International Village, with lots of incentives to improve the building by the city. Visit https://www.hamiltoninternationalvillage.ca/ You get to list for leases on their website too!
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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