Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:4555)
PROPERTY SPECS
Price $2,250,000
City Hamilton, Ontario
Address 249 KING Street
Listing ID 40818294
Square Footage 8852
Land Size 0.13
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeOtherCommunity FeaturesHigh Traffic AreaFeaturesSouthern exposureOwnershipFreeholdBasementNoneSewerMunicipal sewage system