97 5th Concession Road E, Hamilton, Ontario L8B 1K4

Listed for:
$8,250,000
0 beds
0 baths
Listed 9 days ago
Residential Commercial Mix for rent: 97 5th Concession Road E, Hamilton, Ontario L8B 1K4

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About

HWY 6, EAST ON 5TH CONCESSION Purpose-built shell for a licensed cannabis/mushroom/vertical producer, minutes north of Waterdown with fast Hwy 6 access to the 401/403/407. The centrepiece of this 9.77-acre A2-zoned site is a never-used 20,000 sq ft (250' x 80') insulated building designed and previously approved for indoor cannabis cultivation. It already has the infrastructure growers spend the most time and money on: a 400 sq ft Level 9 walk-in vault for secure product storage, 600-volt 3-phase power, natural gas heat, water service, two 20' x 80' mezzanines for drying, processing or office space, a 12' x 14' truck door and 5-man doors. You can design the interior around your own cultivation plan instead of tearing out someone else’s. A 250 KW roof-mounted solar system brings in approx. $260,000 a year in contracted revenue (approx. 9 years remaining), offsetting operating costs from day one. A second 8,000 sq ft insulated utility building adds room for packaging, equipment, supply storage or expansion. The approx. 8,250 sq ft residence including indoor pool, set well back on a paved tree-lined drive, can serve as head office, staff quarters or an on-site owner’s residence, making this a secure, self-contained campus. A rare chance to skip years of land search, rezoning and construction and go straight to licensing. Don’t be TOO LATE*! *REG TM. RSA. (id:27476)

Property Highlights

MLS® Number
40876821
Type
Other
Ownership Type
Freehold
Land Size
9.773 ac|5 - 9.99 acres
Parking Space Total
58

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Square Footage
28000 sqft
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Well
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
RE/MAX Escarpment Realty Inc.
MLS® number:
40876821
Agent:
Drew Woolcott
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