Business For Sale · Office

300 - 41 KING WILLIAM STREET, Hamilton (Beasley)

300 - 41 KING WILLIAM STREET, Hamilton (Beasley), ON L8R1A2

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

93%

About this property

An exceptional turnkey office opportunity in the highly sought-after Empire Times building, ideally situated in the heart of the King William restaurant district. Surrounded by vibrant new developments and renowned local destinations, including The Mule, The French, The Diplomat, Conversate, and Undefined, this prime location offers outstanding visibility and an unmatched urban atmosphere. Through the thoughtful integration of two historic buildings, owner and developer Core Urban has created one of Hamilton's leading hubs for professional and hospitality spaces. Enter via the prominent King William Street entrance and ascend to the third floor by a striking, glass-walled, two-sided elevator that opens directly into the suite. The office features a functional and modern layout, including an open-concept bullpen work area, a glass-enclosed boardroom, kitchenette, and two private offices. Secure, fob-controlled elevator access ensures that entry is limited to your staff and invited clients, providing both privacy and peace of mind. This signature location offers immediate access to the newly-renovated TD Coliseum restaurants, financial institutions, courthouses, public transit, and a wide array of downtown amenities. Available today in one of Hamilton's most distinguished commercial buildings. Note: furniture shown in photography belongs to existing tenant and not available for use. Square footage provided by landlord. Additional rent of ~$300 per month for proportionate share of property tax. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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.

Area demographics

Trade area within 3 miles of the property.

Population

141,683

Households

62,901

Median income

$115,000

Median age

32.9

Daytime population

139,810

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 300 - 41 KING WILLIAM STREET, Hamilton (Beasley).

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.