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323-327 King St E 10,333 SF 59% Leased Retail Building Hamilton, ON L8N 1C1 $1,699,000 CAD ($164.42 CAD/SF)

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EXECUTIVE SUMMARY

Priced to sell and ready for construction, residential conversion! Located on the future LRT route, this property offers great opportunity for investors and developers alike! The building offers over 10,000 square feet of retail/ residential space over three levels. Permit-ready to transform the second and third levels into 8 new residential units (5-2 bed & 3-1 bed) with soaring ceilings and large windows with views overlooking the City and escarpment! The existing ground level commercial space is just over 4000 square feet and offers D2 zoning (Retail, Pedestrian Focused), or a potential for a residential conversion to create additional residential units. Drawings and proforma available upon request.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,333 SF
Building Class
C
Year Built
1900
Price
$1,699,000 CAD
Price Per SF
$164.42 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.64
Lot Size
0.09 AC
Zoning
D2 - Downtown Residential
Frontage
41’ on King St

AMENITIES

  • Bus Line
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • MAIN
  • 4,197 SF
  • Retail
  • In-Line
  • Now

OPTION TO DIVIDE THE UNIT! 4197 square feet of prime retail space located on the future LRT route, and one of Hamilton's busiest corridors. Soaring ceilings and a beautiful glass facade fronting on King Street East. Included with the unit is a complementary, full basement, perfect for storage or additional space. Parking available. This is a gross lease, which includes TMI and utilities. Landlord is ready and willing to engage in buildout/ renovation discussions to make your vision a reality! Attractive D2 Zoning offers a wide range of uses.

Space Size Space Use Position Available
MAIN 4,197 SF Retail In-Line Now

MAIN

Size
4,197 SF
Space Use
Retail
Position
In-Line
Available
Now

MAIN

Size 4,197 SF
Space Use Retail
Position In-Line
Available Now

OPTION TO DIVIDE THE UNIT! 4197 square feet of prime retail space located on the future LRT route, and one of Hamilton's busiest corridors. Soaring ceilings and a beautiful glass facade fronting on King Street East. Included with the unit is a complementary, full basement, perfect for storage or additional space. Parking available. This is a gross lease, which includes TMI and utilities. Landlord is ready and willing to engage in buildout/ renovation discussions to make your vision a reality! Attractive D2 Zoning offers a wide range of uses.

Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
The Famous Owl of Minerva
No Frills
Starbucks
Burrito Boyz
Sugar Marmalade
Kinton Ramen
YMCA
Second Cup Café & Cie
Scotiabank
  • Listing ID: 35239048

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: 323-327 King St E, Hamilton, ON L8N 1C1

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