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Home ON Greater Hamilton Hamilton Old Hamilton Beasley
15 WELLINGTON STREET N
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15 WELLINGTON STREET N $3,999,000
5 days ago
$3,999,000
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15 WELLINGTON STREET N
Hamilton (Beasley), Ontario L8R1M7

MLS® Number: X12070054

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 (above grade) 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 Mixed Use D3 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! (40208653)

Location Description

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

Property Summary

Property Type
Vacant Land
Community Name
Beasley
Land Size
132.27 x 177.38 FT
Annual Property Taxes
$58,708
Total Parking Spaces
43
Time on REALTOR.ca
5 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
43

Measurements

Square Footage
13916 sqft

Land

Lot Features
Frontage
132 ft ,3 in
Land Depth
177 ft ,4 in
Other Property Information
Zoning Description
D3 - Downtown Mixed Use
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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