21 WELLINGTON STREET N Hamilton

21 WELLINGTON STREET N, Hamilton, Ontario

$4,299,000

  • 13,916 Square Feet

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub! (id:23309)

  • Listing ID: X9343255
  • Property Type: Business

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Details

  • Parking Spaces: 40
  • Transaction: For sale
  • Zoning Description: D3 - Downtown Mixed Use

Building

  • Cooling: Partially air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 13916 sqft
  • Utility Water: Municipal water

Land

  • Size Frontage: 132 ft ,3 in
  • Size Irregular: 132.27 x 151.19 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 21 WELLINGTON STREET N in Hamilton Ontario. It was last modified on October 31st, 2024. Contact Tom Linkletter to schedule a viewing or to discover other Hamilton real estate for sale.

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