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231 Bay St N

23,233 SF 100% Leased Office Building Hamilton, ON L8R 2R1 £1,854,679 (£80/SF)

Investment Highlights

  • Brick and beam interiors
  • Plenty of natural light
  • Hardwood flooring

Executive Summary

OFFERED UNDER POWER OF SALE. Nearly 20k sqft of brick and beam in the heart of the Bayfront Studio District being offered at less than $175/PSF. 4x 2 bedrooms currently collecting rent($7215/month) with a vacant 2 bedroom plus 12k vacant sqft of open space on the first and basement(walkout) space offers substantial opportunities for infill development, allowing for either the addition of more rental units retail/office spaces. 2 bedrooms 2k+ sqft each with potential split units. Floor plans in supplements. Property being offered as-is where-is with no warranties or representations.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
23,233 SF
Building Class
C
Year Built
1915
Price
£1,854,679
Price Per SF
£80
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,744 SF
Slab to Slab
9 ft
Building FAR
1.52
Lot Size
0.35 AC
Zoning
D5 - Commercial
Parking
5 Spaces (0.21 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32377168

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 231 Bay St N, Hamilton, ON L8R 2R1

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