About 15 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 (above grade) 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 15 Wellington Street N
| MLS® # | X12069063 |
|---|---|
| Price | $3,999,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial |
| Sub-Type | Commercial Retail |
| Status | Active |
Community Information
| Address | 15 Wellington Street N |
|---|---|
| Area | Hamilton |
| Subdivision | Beasley |
| City | Hamilton |
| Province | ON |
| Postal Code | L8R 1M7 |
Amenities
| Parking Spaces | 43 |
|---|---|
| Garages | Outside/Surface |
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | Sotheby's International Realty Canada, Brokerage |
|---|