$3,999,000

1955 King Street E

Hamilton ONTARIO, L8K 1W2

Description

Fully leased mixed-use commercial/office building for sale at a 6% cap rate on in-place income with upside/escalations. High traffic with over 22k vehicles passing by per day and located within a dense neighbourhood with many apartments nearby. 6 stable tenants including a doctor, martial arts studio and dance studio. Almost 16k sqft on 3 levels with over 30 parking spaces outside. P&L available with executed CA. Call for more details or to book a tour. Please do not go direct!

Details

MLS#H4076491
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site52

Features

SQ Feet15,693
Story(s)1

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Area Information

ProvinceOntario
CountyHamilton
CityHamilton
Postal CodeL8K 1W2
AreaHamilton
Listing VS Median (in L8K 1W2)
Price:
$3,999,000
low | high
Med:
$3,999,000
50% of Average
SqFt:
15,693
low | high
Med:
15,693
50% of Average
$ / SqFt:
$255
low | high
Med:
$255
50% of Average
On Site:
52
low | high
Med:
52
100% of Average
Listing Updated: 06/05/2020
MLS Number: H4076491
Listing Provided By:
Fazl Molana  of  Ambitious Realty Advisors Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.