This exceptional single-tenant commercial property presents a rare opportunity to acquire a turnkey investment in one of Hamilton's most sought-after neighborhoods. Anchored by a nationally recognized tenant with a lease extending to 2028, this property offers stable income with significant future redevelopment potential. The property's C2 zoning designation provides exceptional flexibility, permitting a wide range of commercial and residential uses. This versatile zoning creates significant opportunities for future redevelopment or expansion, positioning investors to capitalize on Hamilton's continued growth trajectory. With Hamilton's ongoing development and infrastructure improvements, including the LRT expansion, this property is strategically positioned to benefit from increased property values and development opportunities. The combination of stable current income and future redevelopment potential makes this an attractive addition to any commercial real estate portfolio.331 Dundurn Street South represents a compelling investment opportunity that delivers both immediate returns and long-term appreciation potential. The property's excellent condition, prime location, and quality tenant make it an ideal acquisition for investors seeking stable commercial real estate with upside potential. (id:60365)
MLS® Number | X12297458 |
Property Type | Retail |
Community Name | Kirkendall |
ParkingSpaceTotal | 8 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2601 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 75 Ft |
SizeFrontage | 124 Ft |
SizeIrregular | 0.21 |
SizeTotal | 0.21 Ac |
SizeTotalText | 0.21 Ac |
ZoningDescription | C2 |
https://www.realtor.ca/real-estate/28632652/331-dundurn-street-s-hamilton-kirkendall-kirkendall
Lucie Brusse
Salesperson
Paul Morrison
Salesperson