$2,299,000

Commercial For Sale In Beasley, Hamilton, Ontario

$2,299,000

Property Information:

Fantastic construction-ready residential conversion! Permits are complete and set to be issued pendingpayment of fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it.Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed).Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated stepsfrom a future LRT station, this building has significant cashflow and appreciation value. If development isn'tyour thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanksto generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1Environmental on-hand. Plans, proforma, and additional information available upon request. This amount ofusable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity!

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Construction Materials: Stone, Stucco
  • Lot Depth: 103.44 Feet
  • Lot Features: City Lot, High Traffic Area, Public Parking, Public Transit, Visual Exposure
  • Lot Frontage: 39.89 Feet
  • Water Source: Municipal-Metered
  • Zoning: D2 - Downtown Mixed Use - Pedestrian Focus
  • Sewer: Sanitary

Courtesy of: Sotheby's International Realty Canada, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
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