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366 Cumberland Avenue Image 1

$674,999

$699,999
3.6% dropped

Last price change 20 hours ago

May 30Industrial For Sale
bedroomsbed
washrooms0bath
MLS - #X12184280

366 Cumberland Avenue, Hamilton, ON L8M 2A2

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Similar Homes Found
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Average Price
67499900.0%
Higher than average

Price Comparison

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Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

N/A

About 366 Cumberland Avenue

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%.

Home Overview

Last updated

20 hours ago

Virtual tour

None

Basement information

Building size

3000

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

--

Listed by INTERNATIONAL REALTY FIRM, INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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