320 King St E - Storefront Retail/Residential FOR SALE


Hamilton, ON L8N 1C2- Hamilton Downtown A
$119,999 CAD
905-906-8273
320 King St E, Hamilton, ON for Sale
$119,999 CAD
Storefront Retail/Residential - FOR SALE
1/29
null | Request Cap Rate

320 King St E
Hamilton, ON L8N 1C2
Hamilton Downtown A


HIGHLIGHTS

  • Fully Stabilized Asset: 5-unit mixed-use property with zero vacancy in Hamilton's historic International Village.
  • Strong Cash Flow: Turn-key cash generator producing a highly efficient actual Net Operating Income (NOI) of $62,459.46.
  • Owner-User Potential: The premium, renovated coach house makes this ideal for an owner-occupier or a yield-focused investor.
  • Massive Appreciation Potential: Positioned directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project.
  • Value-Add Upside: Tangible opportunity to increase returns through a significant loss-to-lease gap on one drastically under-market unit.
  • Diverse Unit Mix: 2,901 sq. ft. building featuring main-floor retail, three apartments, and a renovated 650 sq. ft. coach house.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$119,999 CAD

PRICE/SF

$53 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D2

APN/PARCEL ID

251802018103430

ASK ABOUT THIS PROPERTY

Jason BarryKeller Williams Complete RealtyMore Info
905-906-8273

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Jason BarryKeller Williams Complete RealtyMore Info
905-906-8273

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