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60 King St W 1,604 SF 100% Leased Office Building Hamilton, ON L8G 1H7 $1,267,348 USD ($790.12 USD/SF)
Investment Highlights
- C5a Mixed Use Median Density zoning allows many uses - see attachments
- BONUS option to purchase neighbouring property - 58 King St. W
- Common boardroom and kitchen
- 28 parking space parking lot with billboard
- 9 offices (potential for 10)
- Wheelchair accessible front reception area
Executive Summary
Exceptional opportunity to acquire a fully upgraded commercial property in one of Stoney Creek’s most established business corridors with BONUS option to purchase neighbouring property 58 King St. W., a mixed use property for a substantial addition to your business or portfolio. The property features a large 28-car parking lot, prominent billboard advertising, 9 individual offices (potential for 10), 3,040sq.ft of finished area, a boardroom, three washrooms, a wheelchair-accessible reception area, and a rear common foyer. Zoned C5a Mixed Use Medium Density, the property is ideally suited for medical, professional, administrative, and a variety of service-based businesses. It's high-visibility location provides excellent exposure, making it an outstanding choice for both business operations and advertising. Owners who do not require the full parking allocation may choose to generate supplemental income by leasing unused parking spaces, while the boardroom offers further potential as a rentable meeting space or 10th office. Extensive upgrades to the interior, exterior, and parking areas make this a true turnkey offering, ready on day one. Whether you are seeking a headquarters for your business, a collaborative office environment, an investment property, or a combination of all three, this rare offering presents strong cash flow potential and significant long-term upside. See supplements for chattels list, Zoning/uses information. Financials provided with signed NDA.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,604 SF
Building Class
C
Year Built
1985
Price
$1,267,348 USD
Price Per SF
$790.12 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,604 SF
Building FAR
0.18
Lot Size
0.21 AC
Zoning
C - Commercial
Parking
24 Spaces (14.96 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Reception
- Monument Signage
- Air Conditioning
- Smoke Detector
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Waterside Real Estate Group
60 King St W
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