15-21 Wellington Street N new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8R 1M7
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 13,916 sqft
Price per Sqft $280
MLS Listing ID 40768830
Annual Tax Amount $58,708
Lot Size 0.487 Acres
Property Sub-Type Mixed,Building and Land
Property Description
Excellent investment opportunity that offers both cashflow and development potential. Located steps from a future LRT station, this nearly 14,000 sq. ft. mixed-use property with a large basement and 40+ car parking lot offers both secure income and long-term upside. The building is fully leased to established tenants including F45 Training, Red Rockets BBQ, a strong office tenant, and four stylish two-storey loft residences featuring exposed brick and post-and-beam character. Additional leased commercial units complete the diverse tenant mix. Situated within Hamilton's Downtown Central Business District (D1) zoning, the site benefits from highly flexible permissions that accommodate a wide mix of residential, commercial, and institutional uses, minimal setbacks, and generous height allowances designed to encourage transit-oriented, pedestrian-friendly development. This is a rare opportunity to acquire a stable, income-producing asset today with significant future development potential in one of Hamilton's most strategic urban locations.
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning D1 - Central Business District
Rooms
Kitchen 0
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Building
Lot Description Irregular Lot,Ample Parking,City Lot,High Traffic Area,Public Transit,Visual Exposure
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No