1165 Cannon St E - Loft/Creative Space FOR SALE


Hamilton, ON L8L 2J9
$1,725,000 CAD
289-816-1909
1165 Cannon St E, Hamilton, ON for Sale
$1,725,000 CAD
Loft/Creative Space - FOR SALE
1/17
null | Request Cap Rate

1165 Cannon St E
Hamilton, ON L8L 2J9


HIGHLIGHTS

  • Live-Work Building
  • Natural Light
  • Multiple Uses

OVERVIEW

Prime Live-Work Opportunity in Ottawa St District: Art Gallery/Studio + Residence + Development Potential Unlock the potential of a dynamic live-work property with this extraordinary mixed-use property nestled in the vibrant Ottawa St district. Boasting a current setup as a Retail and Art Gallery/Studio plus a spacious 2,150 SF residence above, this property is an unrivaled opportunity. Key Features: Creative Hub: Transform your workspace into a haven for creativity with the current Art Gallery/Studio setup. Embrace the fusion of business and art in an environment designed to inspire. Live in Style: Discover the upper level, offering a 3-bedroom, 2.5-bath residence with Brick & Beam Terrace. Experience the perfect blend of comfort and character in a live-work space that caters to both professional and personal aspirations. Expansion Potential: One of the most compelling features of this property is the expansive vacant land, providing a canvas for growth. Whether used as-is or for additional development, this excess land opens the door to limitless possibilities for expansion and enhancement. C2 Zoning Flexibility: Benefit from C2 zoning, offering a wide spectrum of possibilities for business and residential utilization. Explore retail ventures, medical practices, office spaces, or commercial service businesses—all within the permissible uses outlined by C2 zoning. Strategic Location: Positioned within one block of Ottawa shopping and a mere 700 meters from the future LRT stop, this property is strategically located for both convenience and growth. Seamlessly integrate your live-work lifestyle within the evolving landscape of Ottawa St. Diverse Opportunities: The extensive opportunities presented by this property make it an attractive option for investors and entrepreneurs alike. From fostering a creative workspace to using for a range of business ventures, this property is yours to paint with innovation and ambition. Future-Proof Investment: As Ottawa St continues to thrive and with the future LRT stop nearby, this property represents a future-proof investment. Capitalize on the area's growth potential and secure a space that not only meets current needs but adapts seamlessly to future trends. Unleash Your Vision: This property is more than just a space; it's a canvas waiting for your vision. Seize the opportunity to shape your live-work environment and make an investment in this exciting neighbourfood.

FOR SALE DETAILS

PRICE

$1,725,000 CAD

PRICE/SF

$284 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C2

APN/PARCEL ID

251804028351740

ASK ABOUT THIS PROPERTY

Lucie BrusseRoyal LePage Burloak Real Estate ServicesMore Info
289-816-1909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Lucie BrusseRoyal LePage Burloak Real Estate ServicesMore Info
289-816-1909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.