873 King St E, Hamilton, ON, L8M 1B5 - commercial for sale | Listing ID X8276576

873 KING ST E, Hamilton, Ontario, L8M 1B5

MLS® # X8276576

Commercial For Sale In Gibson, Hamilton, Ontario

$1,340,000

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873 KING ST E, Hamilton, Ontario, L8M 1B5

$1,340,000

Property Information:

Located in downtown Hamilton, this versatile multi-use building is a fantastic opportunity for both business and residential purposes. With its prime location, it's a gem for investors and entrepreneurs. The two front commercial units facing the main street provide excellent visibility and foot traffic potential. The commercial units also extend into professional office spaces to the back, offering ample room for businesses to thrive. In the rear of the building, there are three spacious residential units designed for comfortable living, attracting potential tenants. This mix of commercial and residential spaces provides multiple income streams for savvy investors, promising solid returns from this attractive and well-maintained property. Full appraisal report is available upon serious inquiry. ***EXTRAS***VTB available to qualified buyers (id:27)

Building Features:

Style: Retail
Floor Space: 4990 Square Feet
Heating Type: Radiant heat

Property Features:

Property Type: Retail
Amenities Nearby: Public Transit
Floor Space (approx): 4990.00 Square Feet
Irregular: Yes
Lot Size: Bldg=31.94 x 159.14 FT
No. of Parking Spaces: 6

Courtesy of: EXP REALTY

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Market Price Trends

Location of 873 KING ST E, Hamilton, Ontario, L8M 1B5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 873 KING ST E , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 873 KING ST E , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 873 KING ST E, Hamilton, Ontario, L8M 1B5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,080.59

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.39 %

High school certificate or equivalent

30.14 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

19.82 %

University certificate (below bachelor)

1.32 %

University Degree

18.82 %

Commuter

Travel To Work

By Car

70.19 %

By Public Transit

15.95 %

By Walking

8.2 %

By Bicycle

1.5 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.31 %

Houses

47.69 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 873 KING ST E, Hamilton, Ontario, L8M 1B5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 873 KING ST E, Hamilton, Ontario, L8M 1B5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

873 KING ST E, Hamilton, Ontario, L8M 1B5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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