108 Parkdale Ave N
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108 Parkdale Ave N
2,900 SF Retail Building Hamilton, ON L8H 5W9 £661,594 (£228/SF)
Investment Highlights
- Free standing commercial building
- Potential to add another 750 SF in the elevated portion of the building
- Located on busy high traffic road in Downtown Hamilton
- Vacant possession on closing
Executive Summary
2,900 Sq. Ft. Free standing commercial building for sale on busy high traffic road in Downtown Hamilton with ~10 parking spaces. Potential to add another 750 sq. ft. in the elevated portion of the building. The C5 zoning allows for a 6-storey building or re-purpose the building to mixed use commercial/residential or residential. Permitted uses include retail, offices, restaurants, microbrewery, personal services, studios, medical clinics, laboratory, hotel, conference centre, catering service, commercial schools, daycare, motor vehicle service stations, and veterinary services. This Zone also allows for variety of residential uses (multiple dwelling units, lodging homes, residential care facilities and retirement home) as stand-alone or in conjunction with a commercial use. Great location within minutes of the QEW Hwy, Red Hill Valley Parkway, Hamilton GO Station and Proposed LRT station at the intersection of Parkdale Avenue and Queenston Road (~550m). Vacant possession on closing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,900 SF
Building Class
C
Year Built
1960
Price
£661,594
Price Per SF
£228
Tenancy
Single
Number of Floors
1
Building FAR
0.48
Lot Size
0.14 AC
Zoning
C5 - Mixed use Medium Density
Parking
10 Spaces (3.45 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (82)
Nearby Major Retailers
1 of 4
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108 Parkdale Ave N
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