21 Wellington Street N, Hamilton, ON

$4,299,000

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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
Price $4,299,000
Bathrooms 0.00
Acres 0.00
Type Commercial Sale
Status Active

Community Information

Address 21 Wellington Street N
Area Hamilton
Subdivision Beasley
City Hamilton
Province ON
Postal Code L8R 1M7

Amenities

Parking Spaces 40
# of Garages 0.00
Garages Outside/Surface
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Partial
Fireplace No

Additional Information

Date Last Updated November 10th, 2024

Listing Details

OfficeSOTHEBY`S INTERNATIONAL REALTY CANADA

Listing Map

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