97 5th Concession RD E, Hamilton, ON L8B 1K4
97 5th Concession RD E, Hamilton, ON L8B 1K4
97 5th Concession RD E, Hamilton, ON L8B 1K4
50
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$8,250,000
Est. payment /mo
9,773 SqFt
New

97 5th Concession RD E Hamilton, ON L8B 1K4

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Key Details

Property Type Commercial

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 9,773 sqft

Price per Sqft $844

Subdivision Rural Flamborough

MLS Listing ID X14155370

Annual Tax Amount $18,907

Tax Year 2026

Lot Size 9.773 Acres

Property Sub-Type Farm

Property Description

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 9.67-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. RSA.

Location

Province ON

County Hamilton

Area Hamilton

Interior

Cooling Yes

Exterior

Utilities Available None

Lot Frontage 349.06

Lot Depth 1381.95


Listed by RE/MAX ESCARPMENT REALTY INC.

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