Investment Commercial Building for Sale

MLS# H4103580 Price: $2,887,000



Fantastic location & endless possibilities for Commercial/Multi-Residential use .New TOC 1 Zoning. High-demand area across from McMaster University, McMaster Health Sciences Complex & site of future McMaster Residence Development of 10 & 15 storey towers. Potential to expand the building footprint, w allowable height of 11 to 22 meters, greater with Variance. Deep lot 43’ x 195’. Permitted uses include many Commercial applications-see supplements. Currently being used as a triplex (with 2 apts available May 1, 2021). Additional: 2 large exterior garages w concrete/asphalt base & hydro (24x18-8ft ht garage door with man door, 11’+ ceiling height) (12x24.5 with 6’3’ ht door). Fenced yard, 3 bike/storage sheds, Gravel drive fits 8-10 cars. Owned ,Hot water tank 60 gal 2014 and Goodman Hi- E Furnance 2014 ; vinyl windows. See schedule for Income potential while you Design to Build.

What's your Walk Score? 67 Somewhat Walkable

What's your Transit Score? 59 Good Transit

Property Details: 1263 MAIN Street W (near BOWMAN )
Listing# 39940


Location

Address 1263 MAIN Street W
City Hamilton
Cross Streets BOWMAN
District Hamilton West (11)
Neighbourhood Hamilton West (114)
Listing Agent Lucy Hall

Description

Sub Type Investment Price $ 2,887,000
Lease Rate Per For Sale Approx. Age 51-99 Years
Location Hamilton Heating Gas Forced Air Closed
Square Footage 7631

Quick Contact


Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

Lisa Blackmore, Sales Representative | 905-510-0734 | info@lisablackmore.com

RE/MAX Escarpment Realty Inc., Brokerage | 4121 Fairview St, Burlington, Ontario L7L 2A4, Canada | Office: 905-632-2199

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