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320 KING Street E, Hamilton, Ontario, L8N 1C2

MLS® # 40807775

new listing

Commercial For Sale In Beasley, Hamilton, Ontario

$1,199,999

None Beds

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View of commercial location - 320 King Street E, Hamilton, ON

View of property - 320 King Street E, Hamilton, ON

(unit 1)main level - 320 King Street E, Hamilton, ON

(unit 1) living room/ kitchen - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) with closet - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

View of patio / terrace featuring a deck - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

View of commercial location - 320 King Street E, Hamilton, ON

View of property - 320 King Street E, Hamilton, ON

(unit 1)main level - 320 King Street E, Hamilton, ON

(unit 1) living room/ kitchen - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) with closet - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 1) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

View of patio / terrace featuring a deck - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

(unit 2) - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

store - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

(unit 3) - 320 King Street E, Hamilton, ON

320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

carriage house (unit 4) - 320 King Street E, Hamilton, ON

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320 KING Street E, Hamilton, Ontario, L8N 1C2

$1,199,999

Property Information:

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 98 and 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. (id:27)

Building Features:

Basement Type: Full
Exterior Finish: Brick
Floor Space: 1945 sqft
Foundation Type: Stone

Property Features:

OwnershipType: Freehold
Property Type: Other
Access Type: Road access
Amenities Nearby: Public Transit
Community Features: High Traffic Area
Features: Visual exposure
Floor Space (approx): 1945 Square Feet
Irregular: Yes
Lot Depth: 125 Feet
Lot Frontage: 20 Feet
Lot Size: 0.09 Acres
Sign Type: Signband
Zoning: D2
Sewer: Municipal sewage system

Courtesy of: Keller Williams Complete Realty

Rating:

Notes:

Market Price Trends

Single family detached

-3.4%

Price change (1 year)

14.54%

Price change (5 years)

All Properties

-3.19%

Price change (1 year)

14.74%

Price change (5 years)

Location of 320 KING Street E, Hamilton, Ontario, L8N 1C2

Lifestyle
Neighbourhood

Demographic Information of 320 KING Street E, Hamilton, Ontario, L8N 1C2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,201.28

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.13 %

High school certificate or equivalent

24.75 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

19.47 %

University certificate (below bachelor)

2.04 %

University Degree

31.51 %

Commuter

Travel To Work

By Car

49.2 %

By Public Transit

29.59 %

By Walking

14.87 %

By Bicycle

0.89 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.7 %

Houses

6.3 %

Own Vs. Rent

320 KING Street E, Hamilton, Ontario, L8N 1C2 $1,199,999 MLS® # 40807775