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Home ON Greater Hamilton Hamilton Old Hamilton Beasley
15-21 WELLINGTON Street N
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15-21 WELLINGTON Street N $4,299,000
$4,299,000
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15-21 WELLINGTON Street N
Hamilton, Ontario L8R1M7

MLS® Number: 40645521

Listing Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Central Business District D1 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub! (68043779)

Location Description

On the west side of Wellington Street North between King Street East and King William Street.

Property Summary

Property Type
Vacant Land
Subdivision Name
140 - Beasley
Title
Freehold
Land Size
0.487 ac|under 1/2 acre
Annual Property Taxes
$58,708
Time on REALTOR.ca
66 days

Building

Interior Features
Basement Type
None
Building Features
Features
Visual exposure
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit

Land

Lot Features
Frontage
132 ft
Land Depth
177 ft
Other Property Information
Zoning Description
D1 - Downtown Central Business District
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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