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.
Price
$1,499,000
Taxes:
$15749.74
Tax Type:
Annual
Assessment:
$565000
Assessment Year:
2024
Occupancy by:
Owner
Address:
225 Parkdale Ave North , Hamilton, L8H 5X4, Ontario
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