Downtown Waterdown Investment Opportunity Mixed-Use Gem with Endless Potential. Situated in the vibrant heart of downtown Waterdown, this exceptional mixed-use property offers over 6,000 sq ft of versatile space and unbeatable curb appeal on a premium 93.97 ft frontage lot. Whether you're an investor seeking steady income or a business owner looking for a flagship location, this property checks all the boxes. The main level boasts 3,285 sq ft of high-end commercial space, currently home to a state-of-the-art martial arts studio. With a flexible layout and the potential to be divided into two separate units, the possibilities are endless. Zoned C5a, the property allows for a wide range of permitted uses including medical, dental, veterinary, financial services, retail, and restaurant making it an ideal fit for professional offices or health-based businesses. Upstairs, a sprawling 2,739 sq ft residential apartment offers 3 bedrooms and 2 bathrooms, ideal for owner-occupancy, luxury rental, or conversion into upscale office space. The unit is currently tenanted, with the option for the tenant to stay or vacate offering added flexibility to suit your goals. Additional highlights include a newer steel roof (2017), ample on-site and nearby parking, excellent signage potential, and tremendous visibility in one of Waterdowns most desirable corridors. With a strong sense of community, vibrant local events, nearby parks and trails, and easy access to Hamilton, Burlington, and major highways, Waterdown continues to attract professionals, families, and entrepreneurs alike. The commercial unit is owner-occupied, with a potential leaseback agreement available making this a rare turnkey opportunity with built-in income potential.
Address
10 Franklin Street
List Price
$2,099,000
Property Type
Commercial
Type of Dwelling
Office
Area
Hamilton
Sub-Area
Waterdown
County
Hamilton
Lot Size Source
GeoWarehouse
Lot Depth
71.05
Lot Type
Lot
Lot Size Units
Feet
Lot Width
93.97
MLS® Number
X12091567
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
| RE/MAX ESCARPMENT REALTY INC.
Postal Code
L0R 2H0
Tax Amount
$14,923.82
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
No