238 Dundas St E
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238 Dundas St E
3,593 SF Retail Building Hamilton, ON L0R 2H0 $2,999,999 CAD ($835 CAD/SF)
Investment Highlights
- With ample parking comprising over 60 surface spots, it's primed for success in a high-demand area.
- Perfect for automobile sales and service businesses
- Phase 1 Environmental Report Shows Property Is Clean.
Executive Summary
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
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
3,593 SF
Building Class
C
Year Built
1955
Price
$2,999,999 CAD
Price Per SF
$835 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
0.54 AC
Zoning
C5 - Commercial Use
Parking
60 Spaces (16.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
1 of 12
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238 Dundas St E
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