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97 5th Concession Road, Hamilton ON L8B 1K4

  • Home
  • Hamilton

97 5th Concession Road, Hamilton ON L8B 1K4

97 5th Concession Road, Hamilton ON L8B 1K4

$8,250,000

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Property ID:

 RH-2031996-property

Bedrooms
5
Bathrooms
5
Garage
Yes
Year Built
1978
Area
6364 Square Feet

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 9.77-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. Don’t be TOO LATE*! *REG TM. RSA.

Additional Details

  • Property Age: 1978
  • Property Sub Type: Single Family Residence
  • Zoning: A2, P7
  • Transaction Type: Sale
  • Basement: Full, Finished
  • Heating: Forced Air, Natural Gas
  • Cooling: Outside/Surface/Open
  • Parking Space: 58
  • Virtual Tour: https://listings.northernsprucemedia.com/videos/01a1a2cf-c350-7065-bb98-cbd9fae8bfe0
  • MLS Status: Active

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