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Listed by Rosemary E. Ferroni • Keller Williams Edge Realty, Brokerage
$ 1,499,000
Est. payment /mo
Price Dropped by $701K
225 Parkdale Avenue N Hamilton, ON L8H 5X4
8,268 SqFt
UPDATED:
12/19/2024 02:36 PM
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,268 sqft
Price per Sqft $181
MLS Listing ID XH4204867
Abv Grd Liv Area 8,268
Originating Board Hamilton - Burlington
Annual Tax Amount $15,749
Property Description
Exceptional investment opportunity with this versatile mixed-use property, perfectly positioned in a bustling, high-traffic area. The main level exceptionally large restaurant space, long bar area equipped with coolers & 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 & bar. The third level includes a practical office space 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.
Location
Province ON
County Hamilton
Area 23 - Hamilton East
Zoning H471
Direction Barton Street East to Parkdale Avenue
Interior
Heating Baseboard, Gas Forced Air Closed
Fireplace No
Exterior
Utilities Available Available
Lot Frontage 110.0
Lot Depth 106.5
Garage No
Building
Lot Description Urban, Rectangular
Faces Barton Street East to Parkdale Avenue
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 172560182
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