15-21 Wellington Street N, Hamilton (Beasley), Ontario L8R 1M7 (27397391) – Ravi Bedi


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15-21 Wellington Street N Hamilton (Beasley), Ontario L8R 1M7

13916 sqft

$4,299,000

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:50617)

Property Details

MLS® Number X10403519
Property Type Business
Community Name Beasley
AmenitiesNearBy Public Transit
ParkingSpaceTotal 43

Building

BasementType Full
ExteriorFinish Concrete, Brick
SizeInterior 13916 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeIrregular Unit=132.27 X 177.38 Acre
SizeTotalText Unit=132.27 X 177.38 Acre|under 1/2 Acre
ZoningDescription D3 - Downtown Mixed Use

https://www.realtor.ca/real-estate/27397391/15-21-wellington-street-n-hamilton-beasley-beasley

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