97 5th Concession E,Hamilton, ON L8B1K4
Hamilton, ON L8B1K4
Description
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:13843)
Details
| MLS # | 40813039 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 158 |
| Listing Provided By | Royal LePage Real Estate Serv. | David Dyson |
Features
| SQ Feet | 8,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | A2 |
| Acreage | 9.77 |
Taxes
| Tax Annual Amount | 17730.99 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8B1K4 |
| Community Name | 044 Flamborough East |
| Listing VS Median (in 044 Flamborough East) | |
Price: $8,500,000 low | high Med: $1,850,000 sqft: 8,000 low | high Med: 5,071 $ / sqft: $1,063 low | high Med: $365 On site: 158 low | high Med: 43 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8B1K4 |
| Community Name | 044 Flamborough East |
| Listing VS Median (in 044 Flamborough East) | |
Price: $8,500,000 low | high Med: $1,850,000 sqft: 8,000 low | high Med: 5,071 $ / sqft: $1,063 low | high Med: $365 On site: 158 low | high Med: 43 | |