873 King Street East, Hamilton | Image 1

873 King Street East

Hamilton, Gibson

  • Commercial

$1,340,000
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: TOC1

  • Age: No Data

  • Taxes: 4044.39

  • MLS®#: X8276576

  • Days on Site: 1 Days

  • Added: Apr 25, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: EXP REALTY

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

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Hamilton

  • Community: Gibson

  • Availability Date: 60-90 days

  • Assessment Amount: $360,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 8, REGISTRAR'S COMPILED PLAN 1491 , T/W VM222848 ; S/T INTERE

  • Taxes: $4,044

  • Taxes Type: Annual

Land

  • Cross Street: Sherman Ave S

  • Municipality District: Hamilton

  • Parcel Number: 171980262

  • Lot Depth: 159.14 Feet

  • Lot Frontage: 31.94 Feet

  • Zoning: TOC1

Commercial Specific

  • Retail Area: 1927

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4990

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: Y

Map of 873 King Street East, Hamilton
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
1.12 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
1.01 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
0.54 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.71 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.80 km
JK-8

Prince of Wales Elementary Public School

Elementary: Public
0.61 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.70 km
9-12

Turning Point School

Secondary: Public
2.47 km
9-12

Vincent Massey/James Street

Secondary: Public
2.95 km
9-12

Delta Secondary School

Secondary: Public
2.43 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.99 km
9-12

Cathedral High School

Secondary: Catholic
1.18 km
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