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533 Millgrove Side Rd 38,460 SF Retail Building Hamilton, ON L9H 5E2 $5,500,000 CAD ($143.01 CAD/SF)
Investment Highlights
- The property at 533 Millgrove Side Road offers a sizable rural parcel in the desirable Millgrove area of Flamborough, providing a balance.
- The property benefits from direct frontage along Millgrove Side Road.
- The site is improved with a low-density residential dwelling, complemented by expansive surrounding land suitable for a variety of rural or estate.
- The surrounding area is characterized by established rural residential properties, agricultural lands, and natural features.
Executive Summary
Great opportunity to own a local landmark. Formerly operating as the Dutch Mill, this opportunity boasts a 17,300 sf commercial building, 4, 300sf residential building and outdoor greenhouses. Residential building requires significant work to be inhabitable. This is an "As Is" sale and purchaser to satisfy itself as to condition and characteristics of property. Measurements based on Geowarehouse. All store inventory, kitchen and agricultural equipment are in addition to the purchase price. A list of chattels will be provided to the buyer as a Schedule with the Agreement of Purchase and Sale. Property being sold under receivership order.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
38,460 SF
Building Class
B
Year Built
1960
Price
$5,500,000 CAD
Price Per SF
$143.01 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.02
Lot Size
36.00 AC
Zoning
A1, P6
Parking
40 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
146’ on Millgrove Rd
Amenities
- Signage
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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533 Millgrove Side Rd
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