Rare redevelopment opportunity in Hamilton's growing King Street corridor. Zoned TOC1, this property has City support for a proposed 20-unit, 6-storey mixed-use development and is currently awaiting final Site Plan Approval, allowing a purchaser to build upon the planning work already completed. The site also offers excellent potential for alternative development concepts, including a 5-6 unit purpose-built multifamily or mixed-use project, subject to all required approvals. Various municipal incentive and financing programs may be available depending on the proposed development and purchaser eligibility. Buyers are encouraged to complete their own due diligence regarding available programs, approvals, and development potential. An outstanding opportunity for developers and investors looking to capitalize on one of Hamilton's evolving urban corridors. Property is being sold as-is, where-is. Please do not walk the property. (id:2493)
Property Type:
Retail
Common Interest:
Freehold
Total Living Area:
3,400 sq. ft.316 m2
Total Building Area:
3,400 sq. ft.316 m2
Zoning:
TOC1
Taxes:
$5,159 /
-
Community:
141 - Landsdale
Exterior Features:
Brick
Community Features:
High Traffic Area
Structure Type:
Retail
Fireplace:
No
# Storeys:
2.0
Water:
None
Sewer:
Municipal sewage system
Basement:
Full
Lot Frontage:
40'12.2 m
Classic brick storefront featuring a traditional multi-story facade with large display windows, metal framing, and street-level commercial entry
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