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    For Sale - 72 King Street, Hamilton, Ontario

    Est payment $11,044/mo
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    Views   1
    Time on Jump  5 day

    AI Summary *

    • Mixed-use building with six fully occupied units offering diverse income streams.
    • Two commercial spaces on the main floor including an established restaurant.
    • Four residential units upstairs create additional rental income opportunities.
    • Built-in potential with month-to-month tenancies allowing for rent adjustments.
    • Great location with high foot traffic and easy access to transit and highways.




    Opportunity knocks in the heart of dundas with this fully occupied, two-storey mixed-use building at the southeast corner of king street east and cootes drive. Offering 7,456 sq ft across six units on a 0. 20-acre corner lot with 146 feet of frontage, this well-maintained property delivers a diversified income stream from both commercial and residential tenants, plus 6 on-site parking spaces, a true rarity on this stretch of king street. The main floor features two commercial spaces totalling 3,757 sq ft: an established quick serve restaurant occupying 1,874 sq ft, purpose-built for restaurant use, and a separate freestanding retail store occupying 1,883 sq ft. Upstairs, four residential units totalling 3,699 sq ft include two 1-bedroom lofts, a 2-bedroom unit and a studio, each with its own washroom. The numbers speak for themselves. The property generates a top line income of $12,768 per month, or $153,216 per year. Even better, the upside is built in. All existing tenancies are month to month, giving a new owner the flexibility to reposition rents toward market levels. The building has been thoughtfully cared for, with led and pot lighting and renovations completed in 2020. C5 zoning, steady foot traffic from the surrounding residential neighbourhood, transit at the door and easy access to highway 403 round out a compelling package. Whether you are an investor seeking stable cash flow with growth potential or an owner-operator looking to run your business while your tenants help pay the mortgage, 72 king street east is an opportunity worth a closer look.
    Listing IDX14095336
    Address72 King Street
    CityHamilton, Ontario
    Price$2,300,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

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    Listing Brokerage: KELLER WILLIAMS EDGE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    72 King Street
    Hamilton , Ontario
    $2,300,000
    Get more info