97 5th Concession, Hamilton, ON L8B 1K4
97 5th Concession, Hamilton, ON L8B 1K4
97 5th Concession, Hamilton, ON L8B 1K4
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$8,500,000
Est. payment /mo
8,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $1,062

MLS Listing ID 40813039

Abv Grd Liv Area 8,000

Annual Tax Amount $17,730

Lot Size 9.770 Acres

Acres 9.77

Property Sub-Type Building and Land

Source Cornerstone

Lot Depth 1381.95

Lot Front 349.06

Property 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.

Location

Province ON

County Hamilton

Area 43 - Flamborough

Zoning A2

Direction Hwy 6, E on 5th Conc

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 349.06

Lot Depth 1381.95

Garage No

Building

Lot Description Highway Access

Faces Hwy 6, E on 5th Conc

Story 2

Sewer Septic Tank

Water Well

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 175120172

Ownership Freehold/None


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Listed by Royal LePage Real Estate Services Ltd.

Nearby School & Business

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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