Added 2 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Other
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Zoning: H471
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Age: No Data
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Taxes: 15749.74
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MLS®#: X9269880
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Days on Site: 3 Days
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Added: Aug 26, 2024 (2 months ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: KELLER WILLIAMS EDGE REALTY
Discover an exceptional investment opportunity with this versatile mixed-use property, perfectly positioned in a bustling, high-traffic area. This meticulously maintained building features a range of impressive elements across its multiple levels. The main level is home to an exceptionally large restaurant space, long bar area equipped with coolers and bar stools, complete with a fully equipped kitchen ready for immediate use. The expansive open area of the restaurant offers ample room for a significant number of tables or can be easily adapted into a vibrant dance floor, making it ideal for high-traffic dining and entertainment. On the second level, you'll find a spacious pool hall and bar, providing an inviting venue for social gatherings and entertainment. The third level includes a practical office space suitable for a variety of business needs, as well as two residential units: a generous 3-bedroom, 1-bathroom unit perfect for families or groups, and a cozy 1-bedroom, 1-bathroom unit ideal for singles or couples. The 3rd Floor feature a large outside balcony that extends the full width of the building along the back, offering a private outdoor retreat. The basement adds further value with its impeccable condition, featuring a large 11 x 8 ft walk-in freezer, a 2-piece washroom, and ample storage space, all maintained to the highest standards. This area is well-suited for additional storage or operational support. With its prime location and well-designed layout, this property presents diverse income streams and versatile usage options. Whether you're seeking a thriving restaurant space, a dynamic entertainment venue, practical office space, or comfortable residential units, this property has it all.
Property
Status: Sale
Type: Other
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Hamilton
Community: Normanhurst
Availability Date: Flexible
Assessment Amount: $565,000
Assessment Year: 2024
Inside
Bathrooms: 9
Air Conditioning: Part
Washrooms: 9
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 19
Fees
Tax Year: 2024
Tax Legal Description: LTS 7, 8 & 9, PL 716 ; HAMILTON
Taxes: $15,750
Taxes Type: Annual
Land
Cross Street: Melvin Avenue
Municipality District: Hamilton
Parcel Number: 172560182
Lot Depth: 106.5 Feet
Lot Frontage: 110 Feet
Zoning: H471
Commercial Specific
Retail Area: 5755
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 9600
Total Area Metric: Sq Ft
Office Size: 2513
Office Size Metric: Sq Ft
Area Influence: Public Transit
Franchise: N
Tangible Property Included: Y
Lot Code: Building
Survey: N
Financial Statement: N
Parkdale School
Elementary: PublicGlen Brae Middle School
Elementary: PublicViscount Montgomery Public School
Elementary: PublicSt. Eugene Catholic Elementary School
Elementary: CatholicW H Ballard Public School
Elementary: PublicHillcrest Elementary Public School
Elementary: PublicÉSAC Mère-Teresa
Secondary: CatholicDelta Secondary School
Secondary: PublicGlendale Secondary School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicSherwood Secondary School
Secondary: PublicCardinal Newman Catholic Secondary School
Secondary: Catholic
