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530 Concession St Hamilton, Ontario - MLS#: 40650607

2200 sqft

$999,000

This excellent investment opportunity awaits you! The property is zoned C5a with an abundant of allowable uses such as a medical clinic, restaurant, retail store, financial institution, Office, Studio, barber shop and much more! The building is separated into 2 VACANT units; Unit 1)Approx. 1750 sq ft, large open area as the main space for many uses, an office/admin room, 2 washrooms (both 2pc), a large kitchen with seating area, a separate entrance in the rear for deliveries or employee entrance/exit, parking for employees/customers that is owned, and a municipal parking lot directly behind the building that has monthly pass options, not to mention the many street parking in front of the building. Unit 2)Over 300 sq ft, spacious open area as the main space, 2 pc washroom, and this unit also offers a back door for access to the rear parking area. Whether you desire to purchase this building with the plan of leasing both units for excellent cash flow as a long term investment or for personal use/business ventures, the choice is all yours! Or simply operate your business in 1 unit and lease the 2nd unit for supplementary income. The building is located right next to the busy intersection of Upper Wentworth and Concession with high exposure to traffic and pedestrians and near Juravinski Hospital. The property is surrounded by Anchor Tenants: Dollarama, Shoppers Drugs Mart, Tim Hortons, and near the Red Hill Highway. This gem awaits your creative ideas! (id:51158)


MLS: 40650607 For sale : 530 CONCESSION ST This excellent investment opportunity awaits you! The property is zoned C5a with an abundant of allowable uses such as a medical clinic, restaurant, retail store, financial institution, Office, Studio, barber shop and much more! The building is separated into 2 VACANT units; Unit 1)Approx. 1750 sq ft, large open area as the main space for many uses, an office/admin room, 2 washrooms (both 2pc), a large kitchen with seating area, a separate entrance in the rear for deliveries or employee entrance/exit, parking for employees/customers that is owned, and a municipal parking lot directly behind the building that has monthly pass options, not to mention the many street parking in front of the building. Unit 2)Over 300 sq ft, spacious open area as the main space, 2 pc washroom, and this unit also offers a back door for access to the rear parking area. Whether you desire to purchase this building with the plan of leasing both units for excellent cash flow as a long term investment or for personal use/business ventures, the choice is all yours! Or simply operate your business in 1 unit and lease the 2nd unit for supplementary income. The building is located right next to the busy intersection of Upper Wentworth and Concession with high exposure to traffic and pedestrians and near Juravinski Hospital. The property is surrounded by Anchor Tenants: Dollarama, Shoppers Drugs Mart, Tim Hortons, and near the Red Hill Highway. This gem awaits your creative ideas! (id:51158)


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Property Details

MLS® Number 40650607
Property Type Other
Amenities Near By Hospital, Public Transit, Schools
Community Features High Traffic Area
Features Visual Exposure

About 530 Concession St, Hamilton, Ontario


Building

Basement Type Crawl Space
Stories Total 1
Size Exterior 2200.0000
Size Interior 2200 Sqft
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 114 Ft
Size Frontage 32 Ft
Size Total Text Under 1/2 Acre
Zoning Description C5a

https://www.realtor.ca/real-estate/27447160/530-concession-st-hamilton

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