$1,895,000

About this 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. (id:66946)

Features