For Sale

225 PARKDALE Avenue, Hamilton, Ontario L8H5X4

$2,200,000

225 PARKDALE Avenue, Hamilton, Ontario L8H5X4 is For Sale and has a listing price of 2,200,000. The property is located in the Normanhurst neighbourhood. It's been on the website for 65 Days.

  • Retail
    Property Type
  • Retail
    Building Type
  • 19
    Parking Spaces
  • MLS ID: XH4204867
  • Office Name Keller Williams Edge Realty, Brokerage
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. (id:43137)

Property Details
  • MLS ID: XH4204867
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 27426797
  • Year Built: N/A
  • Building Type: Retail
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/26/2024 XH4204867 $2,200,000 For Sale - -
08/26/2024 X9269880 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Normanhurst
  • $614,299 Average List Price
    based on 1 year
  • 12 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.59 % Below
  • Sold (12mo) 24
  • Rented (12mo) 5

  • 1 Month Change +13.0%
  • 3 Month Change +9.3%
  • 6 Month Change +53.8%
Walkscore
  • 81 Walk Score
    Very Walkable
  • 56 Transit Score
    Good Transit
  • 57 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    84.05%
  • Commercial
    4.98%
  • Condo
    10.96%
Additional Details
  • Sewers Storm Sewer
  • Heating System Baseboard Heaters, Forced Air
  • Water Municipal Water
  • Total Parking Spaces: 19
  • Property Features No Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/08/2024 00:00:00
  • Zoning R-8
  • Agent Name: Rosemary E. Ferroni
  • Address Subdivision: 232 - Normanhurst
  • Last Updated: 31/10/2024 15:05:03
Open House Dates
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