216 Dundurn Street S, Hamilton, Ontario, Canada, L8P4K3
1,895,000
for Sale
2,800
About the property:
Attention Investors, Developers & Business Owners! Exceptional opportunity to acquire a prominent corner property on Dundurn Street South in Hamilton's rapidly evolving southwest corridor. Zoned C6, this versatile property offers a wide range of permitted uses, including the ability to continue operating as an automotive repair and auto sales business, while presenting exciting future redevelopment potential.
The property features a detached garage measuring 51'6" x 36' width 14'6" ceiling height, three service bays, office space and 2-piece washroom. Also included is a separate 2.5 storey brick house with a full basement. The main floor is currently configured as 2 office spaces, while the second floor contains a one-bedroom apartment occupied by excellent tenants. Current rental income is approximately $2,800 per month.
Ideally located with convenient highway access and surrounded by ongoing development, employment lands, and some of Hamilton's most sought-after neighbourhoods, this property offers outstanding live/work, investments or development possibilities. Phase 1 Environmental Assessment completed. Vendor may consider holding financing for a qualified purchaser.
Limited access due to ongoing business operations.
Extra info:
2 Hoist, Compressor - All In "as-Is" Condition. Hot Water Tank Is Rental, Current Total Monthly Rental Income Is $2,800.00 Per Month
Commercial/Retail
false
- Property Type:
- Commercial/Retail
- Status:
- for Sale
- Land Size:
- 76.38 x 100 FT | < 0.5 acres
- Water:
- Municipal
- Garage/Parking Type:
- Detached Garage,Asphalt
- Business Type:
- Building and Land
- Cross Street:
- Chatham
- Annual Property Taxes:
- 26,389.66
- Listing ID:
- 40855538
Rooms
Dimensions
Brokered by:
Realty Network
Source: CREA
Presented By: