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For Sale

323 King Street E, Hamilton, ON L8N 1C1

$1,499,000

  • Investment
  • MLS® X13598460

Listing Brokerage: Corcoran Horizon Realty

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.

Property details

MLS® number
X13598460
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Beasley
City
Hamilton
Building area
10242 Square Feet
Lot width
38.89 Feet
Lot depth
103.44 Feet
Heating
Radiant
Cooling
Yes
Garage
None
Taxes
$24,963.33
Tax year
2025
Office area
6146
Retail area
4148
Listing brokerage
Corcoran Horizon Realty

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