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60 Lancing Drive

Hamilton, ON L8W 3A1
  • $5,200,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 40246711
UPDATED: 64 min ago
$5,200,000
  • 0
    BEDS
  • 0.50-1.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,830
    SQFT
  • $328
    $/SQFT
Neighbourhood:
Type:
Commercial
County:

Description

Incredible investment opportunity with prime exposure on Lancing Drive! Fully fenced commercial 10-plex situated on an almost one acre lot with M3 Zoning, 18 ceiling height and currently 8 bay doors in close proximity to the Red Hill and LINC. Fully occupied, the existing two long-term tenants enable the investor to start realizing an immediate revenue stream. Take Us For Granite occupies Units 1-7 and Ottawa Autobody occupies Units 8-10.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-08-09T20:21:58.14.
www.bluemountainproperty.ca/homes/128032771
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60 Lancing Drive Hamilton, ON L8W 3A1

  • Price: $5,200,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 64 min ago
  • MLS #: 40246711
0
Beds
0
Baths
0
½ Baths
0.50-1.99
Acres
15,830
SQFT
$328
$/SQFT
Neighbourhood:
265 - Rymal/Hannon
County:
Hamilton
Area:
26 - Hamilton Mountain
Property Description
Incredible investment opportunity with prime exposure on Lancing Drive! Fully fenced commercial 10-plex situated on an almost one acre lot with M3 Zoning, 18 ceiling height and currently 8 bay doors in close proximity to the Red Hill and LINC. Fully occupied, the existing two long-term tenants enable the investor to start realizing an immediate revenue stream. Take Us For Granite occupies Units 1-7 and Ottawa Autobody occupies Units 8-10.
Exterior Features

Acres Range 0.50–1.99 Attached Garage YN No Attached YN No Carport YN No Commercial Doors Count 1 Construction Materials BrickBlock Direction Faces East Docking YN No Exterior Features Grade Loading Fencing Fenced Foundation Details Concrete Perimeter Frontage Length 131.23 Frontage Type West Garage YN No Is Land YN No Lot Features UrbanIrregular LotPavedHigh Traffic AreaHighway AccessIndustrial MallIndustrial ParkMajor HighwayPublic TransitShopping Nearby Parking Features Asphalt Parking Total 30 Property Attached Detached Waterfront YN No

Interior Features

Basement None Ceiling Height 18 Cooling Other Cooling YN No Fireplace YN No Heating Forced AirNatural Gas Heating YN Yes Kitchens Total 0

Property Features

Assessment Year 2022 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Stone Church Road East / Nebo Road Electric 400 Amp Service Exclusions Tenants Chattels. Inclusions None. Industrial Area 15830 Lot Depth 324.8 Lot Irregularities Approximately 0.98 Acres New Construction YN No Number Of Apartment Units 0 Property Sub Type Industrial Restrictions Easement Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Water Source Municipal Zoning M3

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Dan Cooper of Royal Lepage Real Estate Services Ltd., Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-08-09T20:21:58.14.
 
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