EXTREMELY RARE OPPORTUNITY TO OWN THE HISTORIC DUNDAS MILLWORKS BUILDING! Great mix of industrial and knowledge-economy tenants at a 7% cap rate! Perfect for an income buyer with further upside in changing the property’s zoning to C5 with City support for additional uses — very real potential to become Ontario’s next Distillery District. Located in the heart of Downtown Dundas, this property boasts 102,000 square feet of gross commercial space with stunning brick-and-beam character throughout and runs alongside Spencer Creek. Downtown shopping is just minutes away by foot. Inside is an exciting mix of tenants with the potential to do so much more with this historic building. (id:47423)
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Listed By
Real Broker Ontario Ltd., Judy Marsales Real Estate Ltd.
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Detailed Information
Lot
461 x 311 ft
Total Area
102,000 ft2
Amenities Nearby
Public Transit, Recreation
Community Features
Community Centre
Listing Contract Date
2024-02-14
Location Description
URBAN
# of Parking Spaces
62
Property Type
Retail
Transaction Type
For sale
Zoning Description
OS, OS/S-7, IG
Building
Cooling Type
Air Conditioned
Fire Protection
Sprinkler System-Fire
Heating Type
Radiant heat
Size (Exterior)
102000 square feet
Type
Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Surfaced
Land
Total Size
461.94 x 311.69 | under 1/2 acre
Amenities
Public Transit, Recreation
Sewer
Sanitary sewer, Storm sewer
Size of Irregular Land
461.94 x 311.69
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