23 King St W - Storefront Retail/Residential FOR SALE


Hamilton, ON L8G 1H1- Stoney Creek
$1,999,000 CAD
905-304-3303
23 King St W, Hamilton, ON for Sale
$1,999,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

23 King St W
Hamilton, ON L8G 1H1
Stoney Creek


HIGHLIGHTS

  • Prime Olde Town Stoney Creek location with strong visibility
  • Modernized mixed-use building with solid brick and stucco façade
  • Flexible C5A zoning supports diverse commercial and residential uses
  • Income-producing asset with over $10,500 monthly rental value
  • Generous paved parking for 12–14 vehicles

OVERVIEW

This exceptional mixed-use property in the heart of Olde Town Stoney Creek offers a rare investment opportunity with strong income potential and unmatched flexibility. The building features three well-appointed residential units and a modern commercial space currently operating as a salon, generating over $10,500 in monthly rental income. Solid brick construction with a contemporary stucco façade ensures durability and curb appeal, while the generous paved parking accommodates 12–14 vehicles—ideal for tenants and customers alike. Strategically positioned along a high-traffic corridor, the property benefits from excellent visibility and accessibility, making it perfect for owner-operators or investors seeking a prime location. C5A zoning unlocks a wide range of permitted uses, including medical clinics, offices, restaurants, schools, and specialty services. Previous uses have included medical and hospice care, underscoring the building’s adaptability. Whether you envision expanding the commercial footprint or maintaining the current mix, this asset offers versatility and long-term upside in a thriving community.

FOR SALE DETAILS

PRICE

$1,999,000 CAD

PRICE/SF

$388 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C5a

APN/PARCEL ID

251800348000200

ASK ABOUT THIS PROPERTY

Harry ManciniRe/Max Escarpment Realty Inc.More Info
905-304-3303

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Harry ManciniRe/Max Escarpment Realty Inc.More Info
905-304-3303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.