Overview

This retail property in Hamilton is for sale offering roughly 3,800 sq ft of space.

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Description

Rare freestanding commercial/industrial building in a prime East Hamilton location. Exceptional visibility and high traffic along Barton St. E. and Parkdale Ave. N., and close access to Red Hill/AEW & Nicola Tesla Blvd., make this property ideal for a variety of businesses. Fully renovated (2020), featuring upgraded offices, epoxy flooring, 600V/200A power, and full air conditioning throughout. Potential to demise into two units. C5 zoning permits numerous uses. Truly a must see opportunity! (id:66096)

Property Details

MLS®: 40801478
Property Type: Retail
Zoning: C5
Parking: 4
Interior Size: 3,800 ft²
Lot Size: 4,530 sq ft (0.10 ac)
Building Area: 3,800 ft²
Storeys: 1
Basement: None
Ownership: Freehold
Property Tax: $10,900/yr
Listed: 275 days ago

Features

Lot Features: Visual exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

275d

Hamilton listings, avg age

65d

Price / ft²

$316

List price

$1.20M

Haho

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Area context

Neighbourhood profile (L8H)

This home lists at $1,200,000, about 17.1× the local median household income of $70,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 235% above the area median.

Median household income: $70,000
Population: 26,187
Median age: 40
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L8H)

$1,200,000· $316/ft²

For sale

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Financing

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1810 BARTON Street East, Hamilton - Retail for Sale