416-495-6205
601 Barton St E, Hamilton, ON for Sale
Specialty - FOR SALE
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601 Barton St E
Hamilton, ON L8L 2Z3
Hamilton Central A


HIGHLIGHTS

  • Plans envisioned 47 loft-style units ranging from 500 to 1,400 sq. ft., and live/work or townhouse-style layouts.
  • Parking was planned at grade, utilizing the existing schoolyard and a new southwest lot, providing a total of 40 spaces.
  • Located in Downtown Hamilton, the property is close to Norman Pinky Lewis Recreation Centre and Powell Park, offering excellent community amenities.
  • This offering provides flexibility for buyers to continue the planned development or explore alternative uses for a culturally significant property.
  • The building features a generous gross floor area of approximately 37,100 sq. ft., plus an additional 15,900 sq. ft. basement, all situated 1.22 acres

OVERVIEW

The Gibson School, a unique residential conversion project located at 601 Barton Street East, Hamilton. The Gibson School is a Property of Cultural Heritage value with the main portion of the building being constructed in 1914 and operating as a school until 2009. There was an addition made to southern portion of the building in 1963 with the construction of a gymnasium and an administrative wing. The building contains a gross floor area of 37,100 sq. ft. with a basement containing an additional 15,900 sq. ft. situated on 1.22 acres of land. The site was planned as a conversion project where the existing school would be converted into 47 loft-style units ranging in size from 500 sq. ft. to 1,400 sq. ft. consisting of studio, one-bedroom, two bedroom, and live/work or townhouse style units. The project was planned to incorporate the existing historical elements of the school including the original floors and brick walls throughout the building. Parking for the Project was planned be provided at-grade through the conversion of the existing school yard and a new parking lot at the southwest corner of the Site. Within the originally proposed site plan, the existing school yard was planned to contain 35 parking spaces, and an additional 5 spaces would be provided by a new parking lot on site.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

E/S-1724

APN/PARCEL ID

251803023755940

ASK ABOUT THIS PROPERTY

Evan StewartCBREMore Info
416-495-6205

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Evan StewartCBREMore Info
416-495-6205

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