72 King ST E, Hamilton, ON L9H 1C2
72 King ST E, Hamilton, ON L9H 1C2
72 King ST E, Hamilton, ON L9H 1C2
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Michelle Cooper

Michelle Cooper

+1(905) 577-2173
$2,300,000
Est. payment /mo
7,456 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,456 sqft

Price per Sqft $308

Subdivision Dundas

MLS Listing ID X14095336

Annual Tax Amount $11,748

Tax Year 2026

Property Sub-Type Commercial Retail

Property Description

Opportunity knocks in the heart of Dundas with this fully occupied, two-storey mixed-use building at the southeast corner of King Street East and Cootes Drive. Offering 7,456 sq ft across six units on a 0.20-acre corner lot with 146 feet of frontage, this well-maintained property delivers a diversified income stream from both commercial and residential tenants, plus 6 on-site parking spaces, a true rarity on this stretch of King Street.The main floor features two commercial spaces totalling 3,757 sq ft: an established quick serve restaurant occupying 1,874 sq ft, purpose-built for restaurant use, and a separate freestanding retail store occupying 1,883 sq ft. Upstairs, four residential units totalling 3,699 sq ft include two 1-bedroom lofts, a 2-bedroom unit and a studio, each with its own washroom.The numbers speak for themselves. The property generates a top line income of $12,768 per month, or $153,216 per year. Even better, the upside is built in. All existing tenancies are month to month, giving a new owner the flexibility to reposition rents toward market levels.The building has been thoughtfully cared for, with LED and pot lighting and renovations completed in 2020. C5 zoning, steady foot traffic from the surrounding residential neighbourhood, transit at the door and easy access to Highway 403 round out a compelling package.Whether you are an investor seeking stable cash flow with growth potential or an owner-operator looking to run your business while your tenants help pay the mortgage, 72 King Street East is an opportunity worth a closer look.

Location

Province ON

County Hamilton

Area Hamilton

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 146.0

Lot Depth 87.0

Others

Security Features No

ParcelsYN No

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Listed by KELLER WILLIAMS EDGE REALTY

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Michelle Cooper

Michelle Cooper

+1(905) 577-2173

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