About 21 Wellington Street N
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!
Features of 21 Wellington Street N
MLS® # | X9343255 |
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Price | $4,299,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Type | Commercial Sale |
Status | Active |
Community Information
Address | 21 Wellington Street N |
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Area | Hamilton |
Subdivision | Beasley |
City | Hamilton |
Province | ON |
Postal Code | L8R 1M7 |
Amenities
Parking Spaces | 40 |
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# of Garages | 0.00 |
Garages | Outside/Surface |
Is Waterfront | No |
Interior
Heating | Gas Forced Air Closed |
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Cooling | Partial |
Fireplace | No |
Additional Information
Date Last Updated | November 10th, 2024 |
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Listing Details
Office | SOTHEBY`S INTERNATIONAL REALTY CANADA |
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