238 Dundas St E - Storefront Retail/Residential FOR SALE


Hamilton, ON L0R 2H0
$2,999,999 CAD
365-604-5479
238 Dundas St E, Hamilton, ON for Sale
$2,999,999 CAD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

238 Dundas St E
Hamilton, ON L0R 2H0


HIGHLIGHTS

  • With ample parking comprising over 60 surface spots, it's primed for success in a high-demand area.
  • Phase 1 Environmental Report Shows Property Is Clean.
  • Perfect for automobile sales and service businesses

OVERVIEW

Fantastic opportunity awaits for business owners, investors, and builders alike! Situated on a prime corner lot along Dundas Street (Hwy 5), this property boasts a rare combination of commercial and residential spaces, spanning 2400 square feet on a generous 0.55-acre lot right in the heart of Waterdown. This unique property presents the ideal setup for those looking to live and work in the same location. On one side, there's a fully zoned commercial space, perfect for automobile sales and service businesses. With ample parking comprising over 60 surface spots, it's primed for success in a high-demand area. Complementing the commercial space is a charming residential house featuring three bedrooms, three baths, and three kitchens. This separate but adjoining dwelling adds versatility and potential for additional income streams or comfortable living quarters for owners or staff.Don't miss out on this exceptional investment opportunity in a sought-after location, offering the best of both worlds for business and residential living. Currently Zoned C5 Allows For A Large Variety Of Uses, City Of Hamilton To Allow Redevelopment For Residential Uses. Phase 1 Environmental Report Shows Property Is Clean. **** EXTRAS **** PREDOMINANT EXPOSURE - NORTH, CORNER LOT, FREE ON SITE, ZONED FOR COMMERCIAL USE, OFFICIAL PLAN DESIGNATED - MIXED USE (INCLUDING RESIDENTIAL), REAR ACCESS - LANE. HEAVY TRAFFIC PATTERN

FOR SALE DETAILS

PRICE

$2,999,999 CAD

PRICE/SF

$835 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C5

APN/PARCEL ID

251830333020200

ASK ABOUT THIS PROPERTY

Massara KhaderColdwell Banker Commercial - Integrity Real EstateMore Info
365-604-5479

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Massara KhaderColdwell Banker Commercial - Integrity Real EstateMore Info
365-604-5479

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