599 KING Street E, Hamilton599 KING Street E, Hamilton — photo 2599 KING Street E, Hamilton — photo 3599 KING Street E, Hamilton — photo 4599 KING Street E, Hamilton — photo 5599 KING Street E, Hamilton — photo 6599 KING Street E, Hamilton — photo 7599 KING Street E, Hamilton — photo 8599 KING Street E, Hamilton — photo 9599 KING Street E, Hamilton — photo 10
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For Lease · Specialty

599 KING Street E, Hamilton

599 KING Street E, Hamilton, ON L8N1E4

Price on request

900 SF

Asset Class

Specialty

Size

900 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

100%

About this property

Ideal for office, retail, or medical purposes, this commercial space is now available for lease. Located on a convenient transit line, it offers exceptionl visibility and accessibility. Key features include: Versatile Usage: Perfect for office, retail, or medical needs, this space can be tailored to your specific requirements. Two bathrooms: Enjoy the convenience of two bathrooms, ensuring a comfortable experience for both staff and customers. Transit line access: Benefit from high foot traffic and easy access for commuters, enhancing your business's visibility and reach. Don't miss the opportunity to secure a prime location for your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy519 SF2032-09
Lakeview Physiotherapy400 SF2032-09
Lakeview Physiotherapy400 SF2032-09

Area demographics

Trade area within 3 miles of the property.

Population

103,962

Households

44,198

Median income

$99,500

Median age

44.6

Daytime population

171,458

5-yr growth

9.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 599 KING Street E, Hamilton.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.