Investment Commercial Building for Sale

MLS# H4150496 Price: $1,550,000




Property Description

19th Century Vintage NON-Registered House/Façade on large downtown lot ideal for professional/medical/legal but zoned for almost anything. Interior stripped to studs in 2019 to build for tenant who did not take possession in 2020. Removed old heating and plumbing systems, non-supporting walls, plaster, old wiring, old radiant heat system. Water heater and furnace in place but currently disconnected. This is an empty shell with partial basement ready to divide and finish. Some subdivision has been done with stud walls only. Some roughed in plumbing still in place but water is not connected. 2 Hydro Meters. 10 parking spaces on lot. New Windows and rear door (door not yet installed). Vintage front door and sidelights, porch and gingerbread. Early gas retrofit fireplace. This building needs roof to basement finishing and is priced to reflect buyer's cost to complete.

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What's your Walk Score? 40 Car-Dependent

What's your Transit Score? 47 Some Transit

Property Details: 468 LOCUST Street (near ELGIN )
Listing# 57977


Location

Address 468 LOCUST Street
City Burlington
Cross Streets ELGIN
District Burlington (31)
Neighbourhood Central (312)
Listing Agent Karen Zahoruk

Description

Sub Type Investment Price $ 1,550,000
Lease Rate Per For Sale Location Burlington
Heating Other (see Remarks) Square Footage 1800

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.



Google Rating

5      73 reviews


Photo of Kayla Prior

Kayla Prior
  January 28, 2023

We worked with Kim to sell our home in summer 2021 and couldn’t have asked for a better experience. Kim’s invaluable insights and intimate knowledge of the market in the area meant we could confidently prepare and list our home even in the uncertain conditions that existed at the time. Kim’s personability also made her a delight to work with and I would be happy to recommend her to anyone!

Photo of Bob Gill

Bob Gill
  January 25, 2023

We were referred to Lori and the VanDinther Team when we needed some trustworthy advice when deciding whether to renovate and stay or look for a more suitable already renovated home. Lori and her team provided unbiased solid advice based on their wealth of knowledge and experience in our market area. I would highly recommend the VanDinther Team for any Real Estate need you may have.

Photo of R L

R L
  January 13, 2023

We had a very good experience with Kimberly. Her knowledge of the area is excellent and she provided honest and insightful advice about different locations. She was responsive to our preferences. We couldn't attend our second pre-closing visit so she went herself and provided us with a video walk through which was really helpful. Her recommendations for services in the area were also a nice touch.

Photo of Shannon Ferr

Shannon Ferr
  January 13, 2023

Kim was our realtor and she was great! She is very knowledgeable about the Hamilton area and seemed to have our best interest in mind when helping us find a home. Some realtors can be pushy on you to buy quickly so they can collect commission, but we didn’t feel that way with Kim at all. Kim made the experience as enjoyable as it could be as first time home buyers.

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