Incredible opportunity priced to sell in the James North district! Initial architect studies suggest a residential conversion could result in 16 apartments across all levels! Other ideal uses include hospitality, office, creative studios, and much more! This building offers nearly 15,000 square feet of usable space over four floors, with spectacular post and beam construction, exposed brick, large windows, and soaring ceiling heights. The old facade was recently removed to unveil the beautiful, original brick facade! Aside from a fantastic retail tenant (MTM), the building is fully vacant; awaiting the right vision from a buyer. Restoring the old window openings in the facade will make an unbelievable difference, and changes to the interior layout will result in the realization of ample usable space. The location cannot be beaten; steps from both James North and King William Street, surrounded by multiple major new condominium projects. This area is experiencing astronomical growth and demand. The property's rich character and flexible D1 zoning allow a tremendous variety of uses and opportunities for the right buyer. Don't miss this chance to invest in Hamilton's remarkable renaissance! NOTE: Primary photo is an artists conceptual rendering of what the property may look like following renovation. (id:13843)
MLS# | X8458282 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 91 |
Listing Provided By | SOTHEBY'S INTERNATIONAL REALTY CANADA | MARTINUS DOMINICUS GELEYNSE |
SQ Feet | 11,250 |
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Zoning | D1 - DOWNTOWN CENTRAL BUSINESS |
Province | ON |
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City | Hamilton (Beasley) |
Postal Code | L8R1C5 |
Listing VS Median (in L8R1C5) | |
Price: $2,199,000 low | high Med: $2,199,000 SqFt: 11,250 low | high Med: 11,250 $ / SqFt: $195 low | high Med: $195 On Site: 91 low | high Med: 91.000000 |