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Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

Listed by Martinus Dominicus Geleynse • Corcoran Horizon Realty

$1,499,000

Est. payment - /mo

10,242 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $146

MLS Listing ID 40850621

Abv Grd Liv Area 10,242

Annual Tax Amount $24,963

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Massive square footage and a truly accessible price! Previously approved plans for an 8-unit residential conversion with main floor commercial space have expired, but all plans, studies, and supporting materials can be included to help fast-track the project back to life. Proposed layout includes 5 two-bedroom and 3 one-bedroom residential units above a versatile commercial ground floor. Savvy investors may also explore subdividing the main floor into smaller commercial units to maximize per-square-foot lease revenue and create a dynamic mixed-use asset. For developers seeking a project with substantial groundwork already completed, this property offers a rare chance to step into a near shovel-ready opportunity with significant upside potential. Generous D2 zoning permits a broad range of uses including office, retail, hospitality, institutional, entertainment, and more — offering flexibility in both redevelopment and interim use strategies. Not looking to develop immediately? The existing structure also presents strong potential for leasing or repositioning in its current configuration. Located steps from a planned LRT station, the property stands to benefit from long-term intensification, connectivity, and appreciation trends shaping the corridor. Clean Phase 1 Environmental report available. Proforma, plans, and additional materials available upon request. Opportunities offering this scale, flexibility, and future growth potential along the LRT route are increasingly rare. A compelling opportunity for creative investors, developers, and end-users with vision.

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning D2 - Downtown Mixed Use - Pedestrian Focus

Direction Immediately east of Wellington Street North on the north side of King Street East

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 39.89

Lot Depth 103.44

Garage No

Building

Lot Description City Lot, High Traffic Area, Public Transit, Visual Exposure

Faces Immediately east of Wellington Street North on the north side of King Street East

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Stone,Stucco

New Construction No

Others

Senior Community No

Tax ID 171680148

Ownership Freehold/None

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Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

323-327 King Street E Hamilton, ON L8N 1C1

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Others