246 Dundurn Street South, Hamilton (Kirkendall) - Retail for Sale
246 Dundurn Street South, Hamilton (Kirkendall), Ontario, L8P4K7
1,100 ft²Listed 40 days ago
$1,200,000
Hamilton
246 Dundurn Street South, Hamilton (Kirkendall), Ontario, L8P4K7
$1,200,000
Hamilton
This retail property in Hamilton is for sale offering roughly 1,100 sq ft of space. It has been on the market 40 days, fresher than the Hamilton average of 49 days.
Exceptional opportunity to own a versatile commercial property in the sought-after Kirkendall neighborhood, ideally located just off the highway and within walking distance of the vibrant Locke Street Shopping District. This modern two-story building has been renovated from top to bottom and offers a unique combination of real estate and established business opportunity. The sale includes the operating business, along with the property, providing a turnkey opportunity for an owner-operator or investor. The property is currently zoned for commercial use, with potential for a variety of future uses, subject to municipal approvals and Buyer due diligence. The upper level offers flexibility for residential use or additional commercial space, providing potential for additional income. The property may also offer future development or multi-residential conversion opportunities, subject to zoning, planning approvals and other applicable requirements. Approximately 1,737 sq. ft. including basement, with ample parking at the rear and an enclosed outdoor patio area. Recently renovated with drawings and permits available. A rare opportunity to acquire both the real estate and an operating business in a high-traffic, highly desirable location. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 49 days across the listings currently for sale in this city
This retail in Hamilton (Kirkendall) has been listed for 40 days, which is 9 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,200,000, about 20.7× the local median household income of $58,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 304% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
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