21 Wellington Street, Hamilton (Beasley), Ontario L8R1M7 is For Sale and has a listing price of 4,299,000. The property is located in the Landsdale neighbourhood. It's been on the website for 9 Days.
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 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! (id:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
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09/11/2024 | X9343316 | $4,299,000 | For Sale | - | - |
09/11/2024 | X9343255 | $4,299,000 | For Sale | - | - |