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2340 King St E 3,528 SF 100% Leased Retail Building Hamilton, ON L8K 1X7 $802,715 USD ($227.53 USD/SF)



Investment Highlights
- Prime location just steps from the Red Hill Parkway in a high-traffic area.
- Owned and maintained by the same owners for nearly 40 years.
- Strong investment opportunity in a highly visible and accessible location.
- Commercial/residential mixed-use building with C2 zoning.
- 1,150 sq. ft. basement for storage or potential expansion.
Executive Summary
Located in a prime, high-traffic area just steps from the Red Hill Parkway, this versatile commercial/residential mixed-use property is zoned C2 and has been proudly owned and maintained by the same owners for nearly four decades. The main floor features a 1,000 sq. ft. commercial space currently operating as a convenience store, alongside a spacious two-bedroom apartment of over 700 sq. ft. The second floor offers a 1,400+ sq. ft. three-bedroom apartment complete with a private wooden deck and a storage shed. Additionally, the property includes a 1,150 sq. ft. basement, providing ample storage or potential for further development. Each unit has its own private entrance and designated parking, making this a well-rounded investment opportunity in a highly visible and accessible location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,528 SF
Building Class
C
Year Built
1970
Price
$802,715 USD
Price Per SF
$227.53 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.10 AC
Zoning
C2 - Commercial
Parking
2 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Nearby Major Retailers
1 of 4
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2340 King St E
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