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97 5TH CONCESSION E, Hamilton, Ontario, L8B 1K4

MLS® # 40813039
Commercial For Sale In Hamilton, Ontario
$8,500,000

None Beds

97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
97 5Th Concession E, Hamilton, ON
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97 5TH CONCESSION E, Hamilton, Ontario, L8B 1K4
$8,500,000

Property Information:

Rare 9.67-acre property offering a unique agricultural-commercial opportunity with significant infrastructure already in place. The site includes approximately 28,000 sq ft of outbuildings suitable for specialty agriculture, controlled-environment growing, storage, or other agri-related commercial operations permitted within agricultural zoning. The primary commercial structure is a 20,000 sq ft insulated building previously approved for cannabis cultivation and equipped with mezzanines, Level 9 walk-in vault, water service, natural gas heating, 600-amp 3-phase power, and a truck loading door-providing a strong foundation for cannabis production, specialty crop cultivation, pharmaceutical plant growth, or other permitted agricultural processing uses. An additional 8,000 sq ft utility/storage building currently used for storage and featuring a refrigerated indoor skating rink from the property's original estate design offers further operational or recreational flexibility. The property also features a 250 kW roof-mounted commercial solar system enrolled in the Electra Feed-in Tariff program with approximately 9 years remaining, generating approximately $260,000 annually in contracted revenue. A large approx. 8,250 sq ft residence is privately set well back from the road along a paved, tree-lined drive. While the home would benefit from updating, it offers potential to be restored as a country estate, converted to a corporate head office, staff accommodations, or a retreat-style facility supporting an agricultural enterprise. An exceptional opportunity for buyers seeking a large-scale agricultural production facility, specialty growing operation, or agri-related headquarters with substantial infrastructure and built-in income. (id:7525)

Building Features:

  • Basement Type: Full
  • Floor Space: 8000 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Highway access
  • Floor Space (approx): 8000 Square Feet
  • Irregular: Yes
  • Lot Depth: 1382 Feet
  • Lot Frontage: 349 Feet
  • Lot Size: 9.77 Acres
  • Zoning: A2
  • Sewer: Septic System

REALTOR.ca  

Location of 97 5TH CONCESSION E, Hamilton, Ontario, L8B 1K4

Demographic Information of 97 5TH CONCESSION E, Hamilton, Ontario, L8B 1K4

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$148,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.18 %

High school certificate or equivalent

33.82 %

Apprenticeship trade certificate/diploma

11.76 %

College/non-university certificate

22.06 %

University Degree

16.18 %

Commuter

Travel To Work

By Car

85.3 %

By Public Transit

0.0 %

By Walking

8.82 %

By Bicycle

0.0 %

By Other Methods

5.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.06 %

Houses

93.94 %

Own Vs. Rent