323-327 KING Street E

Hamilton

,

Ontario

Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn't your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity! (id:6355)

Listing ID: 40625492 Transaction Type: For sale Bedrooms: Bathrooms: Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: under 1/2 acre Land Size Irregular: Building Size Interior: 10242 sqft Building Utility Water: Municipal water Building Heating Type: Building Cooling Type: Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: Sotheby's International Realty Canada, Brokerage Basement:

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