$599,900
Available - For Sale
Listing ID: X13750588
1523 Main Street East , Hamilton, L8K 1E4, Hamilton
| 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. |
| Price | $599,900 |
| Taxes: | $8019.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 1523 Main Street East , Hamilton, L8K 1E4, Hamilton |
| Postal Code: | L8K 1E4 |
| Province/State: | Hamilton |
| Legal Description: | LT 107, PL 557 ; HAMILTON |
| Directions/Cross Streets: | Tragina Ave N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 1998.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1007 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Homeside |
| Tax: | $8,019 |
| Fireplace: | N |
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