58 King St W - Office FOR SALE


Hamilton, ON L9H 1T8- Dundas
$2,975,000 CAD
905-333-3321
58 King St W, Hamilton, ON for Sale
$2,975,000 CAD
Office - FOR SALE
1/51
null | Request Cap Rate

58 King St W
Hamilton, ON L9H 1T8
Dundas


HIGHLIGHTS

  • 6 self contained units - single room and multi room units.
  • 5 parking spaces
  • Rare LED Billboard system
  • C5a - Mixed Use Medium Density allowing many uses - see supplements

OVERVIEW

Exceptional opportunity to acquire a fully upgraded commercial property in one of Stoney Creek’s most established business corridors with BONUS option to purchase neighbouring property 60 King St. W., a second commercial property for a substantial addition to your business or portfolio. The building features 5-car parking lot, billboard advertising with a newer LED billboard system, 6 self contained commercial/residential units (single room and multi room spaces), 5,037sq.ft of finished area. Zoned C5a Mixed Use Medium Density, the property is ideally suited for medical, professional, administrative, residential and a variety of service-based businesses. It's high-visibility location provides excellent exposure, making it an outstanding choice for both business operations and advertising. The property's rare LED billboard also creates additional advertising revenue opportunities. Extensive upgrades to the interior, exterior, and parking areas make this a true turnkey offering, ready on day one. Whether you are seeking a headquarters for your business, a collaborative office environment, an investment property, or a combination of all three, this rare offering presents strong cash flow potential and significant long-term upside. See supplements for chattels list, Zoning/uses information. Financials provided with signed NDA. Easement to be registered prior to closing providing access to parking at 60 King St.W.

FOR SALE DETAILS

PRICE

$2,975,000 CAD

PRICE/SF

$844 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

C5a

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff GilesWaterside Real Estate GroupMore Info
905-333-3321

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Jeff GilesWaterside Real Estate GroupMore Info
905-333-3321

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