225 Parkdale Avenue North, Hamilton | Image 1

225 Parkdale Avenue North

Hamilton, Normanhurst

  • Commercial

$2,200,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: H471

  • Age: No Data

  • Taxes: 15749.74

  • MLS®#: X9269880

  • Days on Site: 3 Days

  • Added: Aug 26, 2024 (2 months ago)

  • Updated:

  • Last Checked: 22 hours ago

  • 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

JK-5

Parkdale School

Elementary: Public
0.24 km
6-8

Glen Brae Middle School

Elementary: Public
1.86 km
JK-8

Viscount Montgomery Public School

Elementary: Public
1.32 km
JK-8

St. Eugene Catholic Elementary School

Elementary: Catholic
1.05 km
JK-8

W H Ballard Public School

Elementary: Public
1.10 km
JK-8

Hillcrest Elementary Public School

Elementary: Public
0.98 km
9-12

ÉSAC Mère-Teresa

Secondary: Catholic
4.48 km
9-12

Delta Secondary School

Secondary: Public
1.98 km
Pre-Grade 9-12

Glendale Secondary School

Secondary: Public
2.09 km
Pre-Grade 9-12

Sir Winston Churchill Secondary School

Secondary: Public
0.72 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
3.18 km
9-12

Cardinal Newman Catholic Secondary School

Secondary: Catholic
4.28 km
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