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23 King St W 5,146 SF 100% Leased Retail Building Hamilton, ON L8G 1H1 $1,461,749 USD ($284.06 USD/SF)


INVESTMENT HIGHLIGHTS
- Prime Olde Town Stoney Creek location with strong visibility
- Flexible C5A zoning supports diverse commercial and residential uses
- Generous paved parking for 12–14 vehicles
- Modernized mixed-use building with solid brick and stucco façade
- Income-producing asset with over $10,500 monthly rental value
EXECUTIVE SUMMARY
This exceptional mixed-use property in the heart of Olde Town Stoney Creek offers a rare investment opportunity with strong income potential and unmatched flexibility. The building features three well-appointed residential units and a modern commercial space currently operating as a salon, generating over $10,500 in monthly rental income. Solid brick construction with a contemporary stucco façade ensures durability and curb appeal, while the generous paved parking accommodates 12–14 vehicles—ideal for tenants and customers alike.
Strategically positioned along a high-traffic corridor, the property benefits from excellent visibility and accessibility, making it perfect for owner-operators or investors seeking a prime location. C5A zoning unlocks a wide range of permitted uses, including medical clinics, offices, restaurants, schools, and specialty services. Previous uses have included medical and hospice care, underscoring the building’s adaptability. Whether you envision expanding the commercial footprint or maintaining the current mix, this asset offers versatility and long-term upside in a thriving community.
Strategically positioned along a high-traffic corridor, the property benefits from excellent visibility and accessibility, making it perfect for owner-operators or investors seeking a prime location. C5A zoning unlocks a wide range of permitted uses, including medical clinics, offices, restaurants, schools, and specialty services. Previous uses have included medical and hospice care, underscoring the building’s adaptability. Whether you envision expanding the commercial footprint or maintaining the current mix, this asset offers versatility and long-term upside in a thriving community.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,146 SF
Building Class
B
Year Built
1990
Price
$1,461,749 USD
Price Per SF
$284.06 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.20 AC
Zoning
C5a - Commercial and Mixed use
Parking
8 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- On-Site Retail
- Public Transportation
- Monument Signage
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
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23 King St W
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