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1523 MAIN Street E Hamilton, ON L8K1E4
1,998 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1998
Square Footage 1,998 sqft
Price per Sqft $300
Subdivision 231 - Homeside
MLS® Listing ID 40859979
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Freehold
Property Description
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Community Features High Traffic Area
View Y/N No
Attached Garage Yes
Total Parking Spaces 6
Garage Yes
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Real Broker Ontario Ltd.
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