530 Concession St, Hamilton, Ontario L8V 1A6 (27447160) – Ravi Bedi


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530 Concession St Hamilton, Ontario L8V 1A6

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:50617)

Property Details

MLS® Number 40650607
Property Type Other
AmenitiesNearBy Hospital, Public Transit, Schools
CommunityFeatures High Traffic Area
Features Visual Exposure

Building

BasementType Crawl Space
StoriesTotal 1
SizeExterior 2200.0000
SizeInterior 2200 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 114 Ft
SizeFrontage 32 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C5a

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

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