$1,150,000

$140,000

2544 Hwy 56, Hamilton, ON L0R 1C0

Binbrook, Hamilton,

| | sq.ft. |

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Motivated seller. EXISITNG: "District Commercial" zoning permits retail, personal service, financial establishment, offices, restaurants, medical clinics, studios, places of assembly, and motor vehicle related uses (including gas). Residential uses permitted above commercial provided less than 50% of the total gross floor area of a building (max height 3 storey). UPSIDE POTENTIAL: To accommodate Hamilton's forecasted growth part of the City's plan is 'Up Zoning of Urban Corridors and major and minor arterial roads to the missing middle which is considered 12 storeys or less. Subject property is on a major arterial road, adjacent to retail amenities, and residential only on 1-side, is an ideal candidate for up Zoning. Formal consultation comments back from City, if residential is pursued, encouraged a 6-Storey pedestrian oriented building.

Property Info
MLS®: X10442810
Listing Courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Floor Space 1 1
Lot Size 27402 sq.ft.
Last Updated 2024-11-22
Property Type Commerece
Listed Price $1,150,000
Unit Pricing $1,150,000/sq.ft.
Tax Estimate $3,324/Year
More Details
Water Supply Well
Foundation Septic
Summary
    Location and General Information
  • HoldoverDays: 60
  • Property Type: Commercial
  • Property Sub Type: Land
  • GarageType: Outside/Surface
  • Taxes and HOA Information
  • Tax Year: 2024
Interior and Exterior Features
    Interior Features
  • Cooling: Yes
  • HeatType: Gas Forced Air Open
Property
    Utilities
  • Sewer: Septic
  • Property and Assessments
  • Building Area Total: 0.645
  • Building Area Units: Acres
  • Lot Information
  • Parcel Number: 173840200
  • LotSizeUnits: Feet
  • LotDepth: 188.2
  • LotWidth: 145.6
Sold History
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