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70 E King Street E, Hamilton, ON L8G 1K2

Hamilton, ON

$3,550,000
MLS® #: X13607194
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Description

Freestanding Medical Building for Sale, fully occupied with long term leases. Discover a rare opportunity to own a high-performing, fully tenanted medical building in the heart of Hamilton's Stoney Creek area. 70 King St E is an 8,000 sq ft, free-standing, purpose-built medical building with long-term healthcare tenants, excellent street exposure, and strong income performance. Strong Tenant Mix - Pharmacy, Family Medicine/Clinic, Cardio Clinic, Cardiac Lab, RMT, Chiropractic, Podiatry, Chiropody & much more. Stoney Creek's Historic Landmark is for Sale - Spent over $$$s to improve the building facade and interior to truly setup a medical centre/building. This medical building generates 7% plus cap rate and consistent income. Onsite parking at the rear of the building. Fully leased out with long term leases with strong revenue stream!

Quick Details

BedsN/A
Baths5
TypeCommercial
Sq Ft0
Taxes$23,043
BOOK A SHOWING

Comprehensive Property Details

Approximate Age 16-30
Basement Y N Yes
Board Property Type Com
Building Area Total 8000
Building Area Units Square Feet
City Region Stoney Creek
Clear Height Feet 9
Co List Office Name ROYAL LEPAGE PINNACLE REAL ESTATE
Contract Status Available
Cooling Y N Yes
Country CA
County Or Parish Hamilton
Crane Y N No
Cross Street King St E & New Mountain Rd
D D F Y N Yes
Directions East
Elevator Type Public
Expiration Date 2027-01-26
Freestanding Y N Yes
Garage Type None
Heating Y N Yes
Heat Type Gas Forced Air Closed
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Toronto Regional Real Estate Board
List Office Name ROYAL LEPAGE PINNACLE REAL ESTATE
List Price Unit For Sale
Lot Depth 215.17
Lot Dimensions Source Other
Lot Size Area 10946.89
Lot Size Source GeoWarehouse
Lot Size Units Feet
Lot Type Building
Lot Width 63.34
Mls Status New
Occupant Type Owner+Tenant
Office Apartment Area 6000
Office Apartment Area Unit Sq Ft
Outside Storage Y N No
Parcel Number 173020334
Parking Spaces 13
Possession Details Flexible 60-90 days
Possession Type 60-89 days
Postal Code L8G 1K2
Property Sub Type Office
Property Use Office
Rail No
Retail Area 2000
Retail Area Code Sq Ft
Roll Number 251800346000600
Rooms Total 0
Sign On Property Y N No
Standard Status Active
State Or Province ON
Street Dir Prefix E
Street Dir Suffix E
Street Name King
Street Number 70
Street Suffix Street
Tax Legal Description LT 10, RCP 1438 ; STONEY CREEK CITY OF HAMILTON
Tax Type Annual
Tax Year 2026
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 5