$2,200,000
FOR SALE

Commercial/Retail

Lot: 110 x 106.5 ftTotal Area: 9,600 ft2
2024 Taxes: $15,749.74

225 Parkdale Ave N
Hamilton, ON L8H 5X4 | Normanhurst

Discover an exceptional investment opportunity with this versatile mixed-use property, perfectly positioned in a bustling, high-traffic area. This meticulously maintained building features a range of impressive elements across its multiple levels. The main level is home to an exceptionally large restaurant space, long bar area equipped with coolers and 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 and bar, providing an inviting venue for social gatherings and entertainment. The third level includes a practical office space suitable for a variety of business needs, 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.
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Listed By KELLER WILLIAMS EDGE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9269880
Last Updated Aug 29, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 172560182
Legal Description LTS 7, 8 & 9, PL 716 ; HAMILTON
Occupancy Own+Ten
Possession Date Flexible
Taxes (2024) $15,749.74
Tax Type Annual
Assessment (2024) $565,000
Directions/Cross Streets Melvin Avenue
Neighbourhood Normanhurst
Area Hamilton
Price History

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Detailed Information
Freestanding Y
Bathrooms 9
Lot 110 x 106.5 ft
Retail Area 5,755 ft2
Office/Apt Area 2,513 ft2
Total Area 9,600 ft2
Elevator None
Air Conditioning Part
Basement Y
Chattels Y
Garage Type None
Parking Spaces 19
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Area Influences Public Transit
Sprinklers Y
Utilities Y
Water Municipal
Survey N
Lot/Bldg/Unit Code Building
Zoning H471
Seller Property Info Statement N

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