366 Cumberland Ave, Hamilton, L8M 2A2

Home Overview

Description

Free standing light industrial building with 3000 sf of interior space suitable for many commercial uses such as: warehouse, manufacturing, carpenter's shop, retail variety, etc. Since this is not a condo, there are zero maintenance fees, and the property taxes are extremely low ($2561 for 2024), so the overhead costs are much lower than the average industrial unit and you have the freedom to renovate or develop the site as you please. The property has no basement and is mostly on the ground level (with one 2nd floor office). Potential to add a second or third story to existing building. The property backs onto the escarpment and is steps from Gage Park. The building is set back from the road behind a row of houses. Easy access to downtown Hamilton and to Red Hill Valley Parkway. This is the perfect location to run your new or existing business! The sellers will consider offering mortgage financing (VTB) to a buyer with a minimum down payment of 50%.

1 month

On Market

Industrial

Property Type

$2,561 / Year

Est. Taxes

Free Standing

Style

Outside/Surface

Garage

N

Basement

Location & Areas