$29,950,000
( $390.96Per Sq Foot )
 $160,778 est/mo Sourced by Back At You

505 Kenora Avenue,Hamilton, ON L8E 3P2

Hamilton, ON L8E 3P2

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Description

Prime 10.1-acre industrial site in Hamilton's Nashdale industrial corridor, just minutes from the QEW and Centennial Parkway interchange. This M5-zoned property features three freestanding buildings totaling 76,706 SF with low site coverage and significant excess land, making it ideal for investors, owner-users, and developers. The property consists of multiple individual parcels, allowing for potential severance and resale to lower the cost basis. Building A offers 27,550 SF with 15'8" clear height, 9 dock doors, and 2 drive-in bays. Building B offers 22,265 SF with 13'2" clear height, 6 drive-in doors, and 2 dock doors. Building C offers 26,891 SF with 25'7" clear height and 8 drive-in doors. With approximately 17% site coverage, there is ample room for expansion, including additional industrial buildings, truck terminals, logistics hubs, or outdoor storage. M5 zoning allows for a wide range of permitted uses, including logistics, warehousing, manufacturing, and truck parking. Nearly all tenants are on month-to-month leases, providing flexibility to offer the site almost entirely vacant or continue generating income. Multiple access points from Kenora Avenue and Nash Road North provide excellent connectivity to major transportation routes. Fully serviced with individual hydro and gas meter, a bulk water meter, gas-fired forced-air heater, and HVAC in office areas. A rare opportunity for an owner-user seeking functional industrial space with room to grow, an investor looking for a high-demand asset, or a developer aiming to maximize site coverage and long-term value.

Details

MLS #X12110176
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site82
Listing Provided ByCOLLIERS | X12110176 336803

Features

SQ Feet76,606
Acreage1.76

Interior

CoolingPartial

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Learn More About This Property

ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8E 3P2
AreaNashdale
Listing VS Median (in L8E 3P2)
Price:
$29,950,000
low | high
Med:
$29,950,000
50% of Average
SqFt:
76,606
low | high
Med:
258,281
100% of Average
$ / SqFt:
$391
low | high
Med:
$230
91.293902117484% of Average
On site:
82
low | high
Med:
82.000000
100% of Average
Sourced by Back At You
Listing Updated: April 29, 2025 at 6:19:49 PM PDT